Cushman & Wakefield Philippines is pleased to present its maiden issue (January 2020) of the Property Market News report. This monthly report summarizes the relevant news and trends in the key Philippine property sub-sectors.
GENERAL PROPERTY
The Philippines has presented the new guidelines for Real Estate Investment Trusts (REITs) which include the easing of the minimum public ownership (MPO) requirement from 40% at year 1 up to 67% within 3 years to just 33% as long as the funds raised from a REIT listing will be reinvested in the domestic market within a year.
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