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Tag Archives: REIT

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  2. Entries tagged with "REIT"

business, stock, finance

SEC clears Filinvest REIT’s IPO

Insights, Investor, Property, SustainabilityBy Doris Dumlao-AbadillaJuly 6, 2021Leave a comment

The Securities and Exchange Commission (SEC) has cleared the real estate investment trust (REIT) offering of as much as P14.92 billion planned by Gotianun-led Filinvest Land Inc. Filinvest-sponsored Cyberzone Properties, which will change its name to Filinvest REIT Corp., was authorized to offer to the public up to for up to P8.30 per share, with…

Vaccination to give businesses a shot in the arm

Business Owner, Insights, MSMEs, PartnerBy Linda B. BolidoJune 21, 2021Leave a comment

After a year of doom and gloom brought about by the COVID-19 pandemic, local business leaders are seeing the light at the end of the tunnel. Eric Teng, president of the Restaurant Owners of the Philippines (Resto PH), an organization of restaurant owners; Wick Veloso, new president of the Bankers Association of the Philippines; and…

building, exterior, office building

Megaworld seeks P27.3B in Philippines’ largest REIT listing

Insights, Partner, PropertyBy Doris Dumlao-AbadillaJune 16, 2021Leave a comment

Tycoon Andrew Tan-led Megaworld Corp. plans to raise as much as P27.3 billion from the sale of a 49-percent stake in a business process outsourcing industry (BPO)-focused real estate investment trust (REIT) called MREIT Inc., which the group is grooming to become Southeast Asia’s largest REIT in terms of portfolio scale. At the maximum size,…

PSEI targets EPS growth

Investors optimistic on strong recovery for earnings, stocks

Insights, InvestorBy Doris Dumlao-AbadillaMarch 12, 2021Leave a comment

MANILA, Philippines — After a nerve-wracking year marked by an unprecedented lockdown to contain a coronavirus (COVID-19) pandemic, investors are looking forward to a recovery in corporate earnings and stock prices this 2021. The main-share Philippine Stock Exchange index (PSEi) may rebound to 7,878 this year on the back of a 39.7 percent recovery in…

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