REITs pushed among OFWs in Europe

Filipinos abroad are encouraged to invest in the Philippine capital markets, with real estate investment trusts (REITs) seen as a compelling entry point for overseas Filipino workers (OFWs) seeking stable and long-term investments.

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Systembrand Group, a multidisciplinary agency that delivers integrated solutions across branding, design, communications and investor relations to clients across various industries globally, stated that among the REITs gaining traction are Ayala Land REIT (AREIT), RL Commercial REIT, Megaworld REIT, Citicore Energy REIT and Filinvest REIT.

It said the market capitalizations and dividend yields of these REITs indicate solid valuations to prospective OFW investors.

In particular, the group said that AREIT, the first REIT registered with the Philippine Stock Exchange (PSE) in 2006, is expected to sustain its strong financial trajectory under the new leadership of former Ayala Corp. chief finance officer Alberto de Larrazabal.