22 June 2020
A recent article prepared by Conventus Law takes a dive in the recent amendments to the implementing rules and regulations of the Real Estate Investment Trust (REIT) Act (REIT Act) last January 2020 and how the worldwide spread of the coronavirus will affect the Philippines’ infrastructure programs in the coming months.
The amendments to the REIT Act aim to boost investment in the property development industry. Prior the amendment, no trust has been set up in years since the passing of the REIT Act given its strict legal and regulatory requirements.
The article was prepared by Conventus Law in partnership with SyCip Salazar Hernandez & Gatmaitan (SyCipLaw). SyCipLaw partners Carina C. Laforteza and Melyjane G. Bertillo-Ancheta were the contributors of the REIT article.
To view the full REIT in the Philippines article, please visit this link:
https://www.conventusleadership.com/post/philippine-recovery-plans-may-spur-interest-in-reits
For further information, please contact:
Carina C. Laforteza, Partner, SyCip Salazar Hernandez & Gatmaitan
