動画公開日:2022-06-24 21:00:11
SHOULD YOU BUY REITS ON A DOWN MARKET?
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It is an “exciting time” for the Philippine real estate investment trust (REIT) market, with the pipeline of initial public offerings (IPO) expected to heat up in the near future, according to top company executives.
At a forum hosted by the Securities and Exchange Commission (SEC) on Friday, REIT executives said the Philippines has the potential to have one of the largest REIT markets in the region after seeing five successful IPOs amid the pandemic.
“We were counting… there’s probably going to be a total of maybe five or six more REITs that will probably be launched in the next couple of months or years and that’s just the large-sized REITs,” MREIT, Inc. President and Chief Executive Officer Kevin Andrew L. Tan said.
There are currently five listed REITs, namely: AREIT, Inc., DDMP REIT, Inc., Filinvest REIT Corp. (FILREIT), RL Commercial REIT, Inc. (RCR), and MREIT. All launched their IPOs during the coronavirus pand