News

Higher caps on socialized, economic housing planned

Housing developers are batting for an increase in the ceiling of economic and socialized housing to keep up with rising cost of land acquisition and project development, according to Marcelino Mendoza, chairman of the Organization of Socialized Housing Developers of the Philippines (OSHDP). Mendoza in an interview said the National Housing Task Force is deliberating initially on the threshold o...

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Why will I invest in REIT?

After spending more than three decades in the property sector with the last 10 years doing strategic advisory work in Japan, Indonesia and Singapore, I have always been fascinated with property trends in Asia especially related to investments from the perspective of an active investor. Fundamental opportunities When news broke out last year that REIT (Real Estate Investment Trust) stocks wil...

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Pros and cons of investing in REITs

Real Estate Investment Trust (REIT) is an attractive alternative investment option. A REIT, to put it simply, is a pool of funds invested in real estate assets. It’s like a mutual fund but instead of investing in several listed companies, it invests in income generating real estate assets. It’s a great way to invest in real estate with the same tradability feature of a stock, since...

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Fast facts about REIT

A Real Estate Investment Trust (REIT) is a corporation that: • is listed on a public stock exchange with at least 33 percent of its outstanding shares owned by the investing public; • must invest 75 percent of its total assets in income-generating real property; • must distribute 90 percent of its unretained earnings to its shareholders; and • must have a minimum pa...

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PSE: Property firms eager to list REITs

A NUMBER of listed property companies were very enthusiastic with the landmark signing of the Regulations that form part of the framework of the Real Estate Investment Trust (REIT) Act of 2009. The Implementing Rules and Regulations of the Securities and Exchange Commission (SEC), the Revenue Regulation of the Bureau of Internal Revenue (BIR) and Listing Rules of the Philippine Stock Exchange (PSE...

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