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PHL REIT Expected To Finalise Take Off This Year (The Philippine Star)

PHL REIT Expected To Finalize Take Off This Year (The Philippine Star)

Real estate investment trusts are expected to finally take off this year as the government relaxes rules of the existing decade old Real Estate Investment Trust Act.

Market participants said they could finally see REITs take off this year as the Duterte administration agreed to address previous conflicts on the implementing rules that has stalled REIT listings the past years.

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