Are you ready for REIT?

With the passing into law of The Real Estate Investment Trust Act (REIT) late last year, small investors are now one step closer to participating in the real properties market and enjoying the potentially higher yields it brings. This can be realized by organizing a REIT – a public company established primarily for the purpose of owning income-generating real estate assets.

To facilitate this, Punongbayan & Araullo (P&A) prepared this concise guide to REIT. It outlines the requirements for setting up a REIT company and the listing rules, as well as the tax incentives available to such an entity.