One developing aspect of the property market are REITs (real estate investment trusts). These real estate companies are required to meet certain requirements set by regulators to qualify as REITs. REITs in Southeast AsiaSingapore is currently leading the trading of REITs in Southeast Asia,as the country has established itself as a hub for these companies for two decades with over 42 listed REITs. Subsequently, there are reports of other leading real estate companies planning to list their REITs on the Philippine Stock Exchange. If real estate and property companies play their cards right in establishing REITs, the Philippines can anticipate faster economic recovery.

Source: Manila Times March 30, 2021 16:18 UTC