Article

The Securities and Exchange Commission (SEC) of the Philippines has proposed amendments to Real Estate Investment Trust (REIT) rules aimed at enabling large infrastructure operators to raise capital through REIT listings. These changes, which coincide with anticipated lower interest rates, broaden the definition of income-generating assets and enhance governance requirements, potentially benefiting sectors like tollway operations and data centers. However, the success of these listings will depend on issuer readiness and prevailing market conditions.