Real estate investment trusts (REITs) have been called democratizers of wealth, allowing small investors to invest in big real estate projects.
The Philippines has two REIT listings on the market, with the second listing holding the record for the most number of small investors. Officials from the exchange have expressed hope that more real estate developers will consider offering REITs.
In this B-Side episode, Christopher John J. Mangun, research head of AAA Southeast Equities, Inc., introduces BusinessWorld reporter Keren Concepcion G. Valmonte to REITs and their advantages.
This B-Side was recorded remotely on March 25, a day after the REIT of DoubleDragon Properties Corp., DDMP REIT Inc., debuted at the Philippine Stock Exchange, making it only the second listing after Ayala Land's REIT offering in 2020.
