FLI sees valuation boost with REIT offer mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.
Filinvest Land Inc, the cheapest among the biggest builders in the Philippines, expects a valuation boost when its real estate investment trust venture goes public later this year.
Undervalued Philippine Builder Sees Some Love After REIT IPO bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
RL Commercial REIT Inc., the real estate investment trust company backed by Robinsons Land Corp., has set its P26.6-billion initial public offering (IPO) in August.
BusinessWorld
May 25, 2021 | 12:08 am
Valmonte
THE growing number of companies offering or expressing interest in tapping the real estate investment trust (REIT) market signal confidence in the capital market, but their dividends will be watched by investors, analysts said.
âIt shows that companies feel that the capital market is a good place to raise money, and it also shows that there are available investors ready to take them,â Juanis G. Barredo, chief technical analyst of COL Financial Group, Inc., said in a Viber message last week.
âIf they feel or sense otherwise, they [will] defer such offerings,â he added.
Rizal Commercial Banking Corp. (RCBC) Chief Economist Michael L. Ricafort said seeing more companies offer REITs is âa good signal on the further progress and development of the countryâs capital market.â