The bullish case for Philippine REITs
Prospects remain bright for top Philippine REITs. Read to know more.
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Revenue of top Philippine real estate investment trusts (REITs) were driven by new rental income from infused assets. The sector’s growth trajectory seen persisting.
Aggregate revenue of top REITs grew 31% in the third quarter from a year ago and 91% year-on-year (YoY) in the nine-month period ending September. Recent acquisitions point to a sustained elevated growth trajectory.