RLC executes P30.67-B property-for-share swap deal with REIT MANILA, Philippines — Robinsons Land Corp. (RLC) has consummated a deal to inject P30.67 billion worth of mall assets into its real estate investment trust (REIT) in exchange for shares, allowing the latter to broaden its portfolio that was previously office-dominated. #RLC #REITS Read: https://business.inquirer.net/540963/rlc-executes-p30-67-b-property-for-share-swap-deal-with-reit

RCR climbs after asset infusion news INVESTORS flocked to RL Commercial REIT, Inc. (RCR) last week following the announcement of a mall asset infusion from its sponsor worth more than P30 billion via a property-for-share swap. #RCR #REITS

Learn more about Real Estate Investment Trust by visiting the official website of PSE. A Real Estate Investment Trust (“REIT”) is a stock corporation established principally for the purpose of owning income-generating real estate assets, such as apartment buildings, office buildings, medical facilities, hospitals, hotels, resorts, highways, warehouses, shopping centers, railroads, among others. It is a type of investment instrument that provides a return to investors derived from rental income of the underlying real estate asset. Returns are distributed to the investors in the form of dividends. Website: https://www.pse.com.ph/real-estate-investment-trust #REITS #PSE