REIT

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Tuesday, 5 November 2024
3 days ago

SM Prime CEO: Mega IPO ‘not top of the list,’ developer has other funding options

SM Prime Holdings is in no rush to list its shopping mall assets in what could be the country’s largest initial public offering (IPO), as president Jeffrey Lim said the real estate giant has alternative funding sources to bankroll its expansion.
18 Oct 2024
2:40PM

Robinsons Land sells P1.87-B REIT shares at discount, boosts RCR's public float

Gokongwei-led property giant Robinsons Land Corp. (RLC) completed an overnight block placement of its shares in RL Commercial REIT Inc. (RCR) on Friday.
11 Oct 2024
9:22AM

SEC clears P13-B MREIT asset injection, boosting earnings starting Q4

Tycoon Kevin Tan-led MREIT Inc., the REIT arm of Megaworld Corp., received the SEC's approval to acquire six Peza-accredited properties worth P13.15 billion.
2 Oct 2024
2:14PM

Filinvest tender offer for REIT exchange begins Oct. 7

Gotianun-led Filinvest Land Inc. is rolling out a share swap deal next week for stockholders that allows them to exchange shares in the property giant for stocks in Filinvest REIT Corp.
2 Oct 2024
8:56AM

VIEWS FROM THE PEAK: The sweet spot between bonds and stocks

The BSP’s rate cuts sparked a bull market, making REITs an ideal investment for those seeking both regular payouts and capital appreciation.
19 Sep 2024
4:25PM

Gokongwei’s RCR gets SEC clearance for P33.9-B asset injection

Gokongwei-led real estate investment trust giant RL Commercial REIT Inc. secured clearance from the Securities and Exchange Commission to proceed with an asset injection from owner Robinsons Land Corp.
15 Jul 2024
4:52PM

Gokongwei’s RCR starts earning from Robinsons Land assets on April 1

Gokongwei-led companies are moving closer to completing an asset swap that will see industry giant Robinsons Land Corp. inject P33.9 billion worth of malls and offices into RL Commercial REIT.
5 Apr 2024
10:24AM

Gokongwei’s Robinsons Land's readies P25 billion plan to expand REIT subsidiary beyond offices

The Gokongwei family’s Robinsons Land Corp. sold shares in real estate investment trust subsidiary RL Commercial REIT (RCR) in preparation for a P25-billion asset injection that will further expand RCR’s portfolio beyond offices.
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