Personal Development, Finance, and Investing For Filipinos
An investment in knowledge always pays the best interest. Financial Education is your best investment.
Do not put all your eggs in one basket.
Remember the 4 Golden Rules of Investment: Invest Early, Invest Regularly, Invest Long-term, and Invest using Diversification.
Are you interested in and looking for a more affordable way to own apartments, offices, malls, or even hotels? Then you should consider investing in a Real Estate Investment Trust (REIT).
As the saying goes, "Do not put all your eggs in one basket." Diversification is protection against ignorance. It makes little sense if you know what you are doing.
The Philippine Stock Exchange, Inc. (PSE) conducted a free webinar about Real Estate Investment Trust (REIT). The resource speaker was Mr. J. Mariano P. Ocampo, Managing Director and Head of Equity Capital Markets Investment & Capital Corporation of the Philippines. Here's the excerpt from the webinar.
What Is REIT?
A Real Estate Investment Trust (REIT) is a stock corporation. Principally organized for the purpose of owning income-generating real estate assets (Republic Act No. 9856 or REIT Act of 2009)
What Are The Features Of A REIT?
REITs have been in Asia for more than 18 years. The Philippines has lagged behind. While there has been a legislation in place since 2009, there have been no REIT issuance nor listing.
Why REITs Are Expected To Take Off In The Philippines?
Benefits of REIT Platform
Formation Of REIT To Be "Successful"
Development that retail investors should monitor and take advantage of:
Update (As of September 10, 2021)
In a letter dated September 10, 2021, MREIT, Inc. (“MREIT” or the “Company”) informed the Exchange of the following matters for the Company’s initial public offering (“IPO” or the “Offer”):
a) Final Number of Offer Shares: 844,300,000 common shares;
b) Over-Allotment Option Shares: up to 105,537,500 common shares;
c) Final Offer Price: Php16.10 per offer share.
(As of August 19, 2021)
Jollibee and DoubleDragon P3.97 Billion Equity Partnership in Centralhub
August 19, 2021, DoubleDragon Properties Corp. updates the public that it has executed the definitive agreements implementing the investment of the Jollibee Group to DoubleDragon's industrial leasing subsidiary, CentralHub Industrial Centers, Inc.
The cash and property infusion investment of Jollibee Foods Corporation to acquire common shares in CentralHub will grow both the recurring rental revenue portfolio of DoubleDragon's CentralHub with the consolidation of the existing operating commissaries and warehouse assets of Jollibee as well as boost the development of additional warehouse assets being constructed.
Today, Ayala Land-backed AREIT Inc. (PSE:AREIT), DoubleDragon-backed DDMP REIT, Inc. (PSE:DDMPR), Filinvest REIT Corp. (PSE:FILRT), and RL Commercial REIT, Inc. (PSE:RCR) have successfully made their trading debut on the Philippine Stock Exchange (PSE).
Disclaimer: This excerpt from the webinar presentation is for educational and information purposes only. This should not be construed as a professional, financial, or investment advice, or recommendations from the PSE.
For more updates about
Personal Development, Financial and Investment Education. Join and Subscribe to my Newsletter.
ABOUT THE BLOGGER
Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
Currently, I'm working my way toward time and financial freedom.