
Gov't relaunches REIT program for property investments
Metro Manila (CNN Philippines, January 20) — The government has relaunched real estate investment trusts or REITs, a platform that would let property companies raise fresh funding from the public. The Securities and Exchange Commission (SEC) led the unveiling of new rules for REITs on Monday, 11 years since the law creating these investment instruments took effect. REITs work like...
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