RA 9856 states that at least 75% of a REIT’s deposited property must be income-generating real estate. At the moment, we have five office REITs, one retail (VREIT) and a renewable energy – CREIT. Some REITs also have a little bit outside their main offering. For example, AREIT owns industrial land in Laguna Technopark; MREIT owns a hotel and some ground floor retail in its buildings; and VREIT has 2 office buildings in its portfolio.
As REITs gain traction, we can see more types soon:
(more…)The short answer is debt and equity.
REIT’s are allowed to borrow up to 35% of the value of its properties. It can even exceed that percentage if it is a highly rated borrower.
(more…)Philippine REITs haven’t been around that long and the very first REIT only listed in 2020. So it would not be fair to compare our REITs with the Philippine Stock Exchange Index (PSEi).
(more…)I encourage anyone interested in CREIT to watch the video above and I’ll highlight the interesting points below.
(more…)Skip to 11:30 for the presentation or to 42:30 if you just want the Q&A.
VREIT is the latest addition to the pool of REITs that we can invest in. I will point out the highlights but encourage you to watch the above video as well.
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philreitinvestor.com 