FUND managers and investors from the US and Singapore have expressed interest in investing in real estate investment trusts (Reit) in the Philippines and Indonesia due to the bright real estate market outlook in both countries and despite pending amendments to the local Reit law, the Securities and Exchange Commission (SEC) reported.
SEC chairperson Teresita Herbosa told reporters late Friday that a Singaporean company recently met with the commission, stating their US clients’ strong interest in investing in Reits in the Philippines.
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