Philippines eases rules on REITs with lower public float

Philippines eases rules on REITs with lower public float

Manila, Philippines. Photo by Bash Carlos on Unsplash

Philippine real estate investment trust (REIT) companies will be allowed to maintain control of their firms and enjoy tax breaks under revised government rules to attract fresh capital to sustain property market growth, authorities said on Monday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter