With 5 Articles and 25 Sections
IRR was approved on: May 13, 2010
With 12 Rules
Php 300M – minimum paid up capital
A REIT is required to list its shares at the Philippine Stock Exchange (PSE)
A REIT is also required to distribute 90% of its income to investors in the form of regular dividends
Receives special tax consideration as an incentive
The REIT allows investors – especially small or retail investors – to participate in the ownership of income-generating real estate.