The law creating the Philippine Real Estate Investment Trust (REIT) is Republic Act 9856, also known as the “Real Estate Investment Trust Act of 2009”. The law was passed by the Philippine Congress and signed into law by then-President Gloria Macapagal-Arroyo on December 22, 2009. However, it wasn’t until the revised guidelines from the SEC, under President Duterte in 2020, were released that it really took off.
The start of the new year is a good time for laying out future plans and this post aims to examine some of the 3-year investment plans of several REITs. A good criteria for goal setting is using the acronym SMART – which stands for specific, measurable, attainable, realistic and time-bound. Which REITs have set out SMART goals?
Reading through their public disclosures, we can clearly identify the REITs with solid 3-year plans and those with plans that are well, generic.
If you’ve decided to stick with FILRT despite the dividend cut this year, then this video of their latest property infusion might help support your decision. The video is from Exclusive Travel Reviews and features Crimson Resort and Spa Boracay.
I’d like to share this solar farm video from Tara Lets Cebu. If you’re a CREIT investor, then this is one of the solar power plants that you proportionally own and derive quarterly dividend income from.
Sure, it would be nice to get rich quick but not all people are lucky. Getting rich slow means allowing the power of compounding returns transform a small capital into a significant fortune over time. There are plenty of compound interest calculators online if you want to run the numbers.
Here’s a video on the effect of snowballing dividends from Mr. Dividend Data, I think he illustrates the idea quite nicely:
philreitinvestor.com 