Property News · August 6, 2019

First Philippine Reits likely to be listed by year-end as government relaxes rules in decade-old law


The Philippines could see real estate investment trusts take off this year after the government amends a Reit law passed more than a decade ago, addressing investor concerns, say industry observers. “Reits are likely to be implemented this year as the government has agreed to relax the law’s restrictive rules,” said Joey Bondoc, senior research manager for Philippines at Colliers. “Colliers believes that more firms are likely to tap Reits once the law’s implementing rules and regulations are…

Source : South China Morning Post
Read more…First Philippine Reits likely to be listed by year-end as government relaxes rules in decade-old law

You may also like...