BE A PART OF THE 5TH REIT PHILIPPINES: INVESTOR SUMMIT 2023 FOR THE LATEST INDUSTRY TRENDS & UPDATES

FILINVEST REIT Corp. (FILRT) is planning to add a total of 12,400 square meters (sq.m.) to its portfolio as it seeks new revenue sources, the company said on Monday.

RL Commercial REIT (RCR) recently became the first office real estate investment trust (REIT) company to obtain the EDGE (Excellence in Design for Greater Efficiencies) Champion status.

 MREIT Inc., the real estate investment trust (REIT) of Megaworld Corp., plans to acquire seven Grade A office assets from its sponsor. 

 AREIT, Inc. is targeting this year to infuse assets worth P22.5 billion, which its top official expects to bring the total assets of Ayala Land, Inc.’s real estate investment trust (REIT) to P87 billion. 

 SY-led SM Prime Holdings, Inc. is targeting to launch its first real estate investment trust (REIT) in the second half of the year from which it expects to raise $1 billion. 

 Citicore Energy REIT Corp.’s bottom-line skyrocketed in 2022, with officials saying the company's decision to change its business model and become the Philippines' first energy-focused real estate investment trust (REIT) firm proved profitable.  

A BILL that requires real estate investment trusts (REITs) to reinvest proceeds from their fundraising activities in the Philippines has been approved at the committee level in the House of Representatives.

REAL estate investment trusts (REITs) are expected to benefit from the further reopening of the economy, but their growth could be tempered by flexible work arrangements and the departure of Philippine offshore gaming operators (POGO), analysts said.

Bonds and real estate investment trusts (REITs) are expected to perform better than stocks until the second half of the year as the majority of retail investors plan to increase stock exposure amid inflation concern, according to an online stockbroker.