The capitalization of the Real Estate Investment Trusts (REITs) in the Philippines zoomed in less than two-years, placing the country in the middle of the pack among major economies in the South and East Asian regions.
In a report to Finance Secretary Carlos G. Dominguez III, the Securities and
Real Estate Investment Trusts (REITs) in the Philippines have raised P76.42 billion in new capital since the Duterte administration fixed the flaws in the regulatory framework for the financial instrument 21 months ago, the Department of Finance (DOF) said Tuesday.
Real estate investment trusts in the Philippines have raised nearly P75 billion in fresh capital since the government released new rules and regulations to fix the flaws in the regulatory framework for the financial instrument, according to the Department of Finance.
REITs raise P76 billion in fresh capital since 2020 - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
REIT listings a vote of confidence in PH recovery — Dominguez 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.