While the REIT industry across the world has continued growing (total market cap of approximately US$1.7t), the Philippine REIT industry – unfortunately – has not made great strides since the passage of the REIT Act of 2009, until recently, with the Securities and Exchange Commission (SEC) now taking significant measures to jumpstart the REIT industry once again and attract potential investors and REIT issuers by relaxing stringent regulatory conditions and placing a proposal to the Department of Finance (DoF) to reduce the minimum public ownership (MPO) requirement for REIT from 67% to 33%.
Aptly themed "REIT: Blueprint for a Robust Philippines Capital Markets", the 3rd APAC REIT Investment Summit 2019 is set to take center stage on 18 June 2019 at The Tent at Solaire in Manila, Philippines to provide its delegates from the most prominent companies operating in the real estate sphere a day of knowledge sharing and unparalleled networking and investment opportunities.
Oxford Business Group Subscriber: PhP17,000.00
For more information, you may visit https://pcm-asia.org/apac-reit-2019 or contact:
+632 800 9201 (Manila)
+65 6444 1644 (Singapore)