Philippine Real Estate Rental Business

Ever wanted to own part of a huge real estate company that also ventures into malls, hotels and commercial spaces like SMDC, RLC or Ayala land? Well dream no more, the real estate investment trust or REIT will make that dream into a reality in the form of a financial instrument issued by these huge corporations.

REIT is a stock corporation organized by big developers specifically for income generating real estates. It will be sold on a per share basis that will yield dividends coming from sales and rentals of the aforementioned income generating properties. The SEC released the draft IRR and hopefully will be available to the investing public within the year. Watch our for this one folks.