Real Estate Investment Trust

Philippine developers still focused on 2020 REIT launches

After years of waiting for favorable REIT rules and regulations to be approved, firms have no intention of letting COVID-19 derail share offering plans. DoubleDragon became the second Philippine developer to announce a REIT launch in 2020. The Department of Finance, Securities and Exchange Commission, Bureau of Internal Revenue and Philippine Stock Exchange signed off on the new REIT rules at the start...

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