3rd APAC REIT Investment Summit 2019 | PCM Asia | 17 June 2019 | Solaire Resort & Casino, Entertainment City, 1 Aseana Ave, Parañaque, 1701 Metro Manila

Reckoned as an extremely lucrative investment product, the REIT market was valued at about $68.33 billion in Asian capital markets and at $604 billion globally back in 2008, the time when the Philippine Congress was still discussing the passage and future of the REIT.

The REIT industry across the world has continued growing since the passing of REIT law in the Philippines. In June 2014, the industry was estimated to be valued at about $140 billion in Asia and $1.4 trillion cumulatively in all parts of the world.

To date, the Philippine REIT industry has not made great strides. Several blue-chip real estate companies have shown their interest and even established REIT management companies, but those have been put on hold due to a couple of obstacles.

However, the Securities and Exchange Commission (SEC) of the Philippines is now taking significant measures to jumpstart the REIT industry once again and attract potential investors and REIT issuers by relaxing stringent regulatory conditions and placing a proposal to the Department of Finance (DoF) to reduce the minimum public ownership (MPO) requirement for REIT from 67% to 33%. SEC has also requested DoF to review and reduce corporate taxes on capital markets including stock transaction tax and initial public offering (IPO) tax.

2019 Speakers

Hon. Ephyro Luis B. Amatong
Commissioner, Securities and Exchange Commission

Hon. Diwa C. Guinigundo
Deputy Governor, Bangko Sentral ng Pilipinas

Sigrid G. Zialcita
Chief Executive Officer, APREA

Atty. Julius A. Cervantes
Partner, Quisumbing Torres

Mr. Francisco C. Sebastian
Chairman, First Metro Investment Corporation

Ken Atchison
Managing Director, Atchison Consultants

Luis T. Arriola
President, Credit Management Association of the Philippines

Mr. Julius M. Guevara
Vice-President, Corporate Planning, D.M. Wenceslao

Gary C. Hablero
Director, Commercial Investments, Re/Max Philippines

Nichola Holt
Asia Pacific Head of Research, Knight Frank

Fergus Horrobin
Global Head of Real Estate, UBS

Michael McCullough
Managing Director, KMC Savills

Rick Santos
Chairman and Chief Executive Officer, Knight Frank

Hans B. Sicat
Country Manager & Head of Clients, ING

Kerwin Max S. Tan
Chief Financial Officer, Robinsons Land

Alain Charles J. Veloso
Partner, Quisumbing Torres

Lars Wittig
Country Manager, Regus

Hannah H. Yulo
Chief Investment Officer, Double Dragon Properties Corp.

2019 Sponsors and Partners

SUMMIT HOST:
• Aprea

BRONZE SPONSORS:
• Santos
• Knight Frank

OFFICIAL SUMMIT LAW FIRM PARTNER:
• Quisumbing Torres

OFFICIAL SUMMIT DIGITAL PRINTER:
• EPSON

ASSOCIATE SPONSORS:
• Megaworld
• SGV
• TAJARA

OFFICIAL SUMMIT RESEARCH PARTNER:
• Oxford Business Group

ENDORZING ORGANIZATIONS:
• CFA Society Philippines
• Investment House Association Philippines
• Philippine Green Building Council

OFFICIAL SUMMIT MEDIA PARTNER:
• Business World

OFFICIAL SUMMIT ORGANIZER:
• PCM
• PINNACLE