RCR named Best REIT in the Philippines - Property Report (2024)

RL Commercial REIT Inc (RCR), the real estate investment trust of Gokongwei-owned Robinsons Land Corp, was named the Best REIT in the Philippines by The Asset Triple A Sustainable Capital Markets Country & Regional Awards.

In its three-year investment plan, RCR said its predominant focus is on Grade A commercial assets situated in prime central business districts in Metro Manila as well as major regional commercial hubs.

Its initial portfolio consists of fourteen high quality assets including Robinsons Cybergate Center 2 and Robinsons Cybergate Center 3 in Mandaluyong City.

In 2021, Robinsons Land Corp. further strengthened its competitive position with the landmark listing of RCR in the Philippine Stock Exchange. At listing, RCR is the Philippines’ largest REIT in market capitalization, portfolio valuation, and asset size.

On account of its successful strategic initiatives and the recent REIT IPO, RLC’s financial position is as strong as it has ever been.

Including proceeds from the IPO, cash and cash equivalents stood at P18.65 billion as of December 31, 2021 and net gearing ratio is at a record-low of 0.23 times. Total assets were valued at P227.89 billion, while shareholders’ equity ended at P130.35 billion.

RCR named Best REIT in the Philippines - Property Report (2024)

FAQs

RCR named Best REIT in the Philippines - Property Report? ›

RCR is the Philippines' largest Real Estate Investment Trust (REIT) to date, in terms of market capitalization at Php64. 2Bn, property valuation at Php73. 9Bn, asset size of 425,315 square meters in Gross Leasable Area, and REIT initial public offering (IPO) size of Php23.

Which REIT has the highest yield in the Philippines? ›

REIT estimated dividend yield Philippines 2023, by company

As of September 2023, Premiere Island Power REIT Corp. had the highest estimated dividend yield at 11.54 percent.

What is the occupancy rate of RCR REIT? ›

Stable Occupancy with Long Term Leases. At the end of November 2022, average occupancy of RCR leases remains high at 98% with manageable lease expiries until 2025. The Weighted Average Lease Expiration (WALE) of RCR Assets is 3.15 years.

Where to buy REITs in the Philippines? ›

The quickest and most convenient way to invest and trade REITs in the Philippines is by using an online trading account. Investors can buy and sell shares of REITs using an accredited online broker by the Philippine Stock Exchange like BDO Securities, First Metro Securities, COL Financial, and BPI Trade.

What is real estate investment trust in the Philippines? ›

A Real Estate Investment Trust (REIT) is a company principally organized for owning income-generating real estate assets. In the Philippines, REITs allow investors to buy shares of a company with a portfolio of real estate assets.

Which REIT is best in the Philippines? ›

As of September 2023, AREIT, Inc. had the highest price per share at 32.3 Philippine pesos. MREIT of the Megaworld Corporation ranked next with a 12.24 Philippine pesos share price. AREIT was the first REIT in the Philippines which was publicly listed on the Philippine Stock Exchange in 2020.

Which stock gives highest dividend in Philippines? ›

Philippines companies with the highest dividend yields
SymbolDiv yield % (indicated)Price
MARC D12.66%0.84 PHP
LTG D11.79%10.16 PHP
LAND D11.29%0.77 PHP
SPC D10.70%9.35 PHP
29 more rows

Is RCR REIT a good investment? ›

Price-To-Earnings vs Fair Ratio: RCR is good value based on its Price-To-Earnings Ratio (4.7x) compared to the estimated Fair Price-To-Earnings Ratio (7.5x).

What is the dividend yield of RCR REIT? ›

RL Commercial REIT Dividend

RL Commercial REIT is a dividend paying company with a current yield of 7.63% that is well covered by earnings.

Are REITs a good investment? ›

Are REITs Good Investments? Investing in REITs is a great way to diversify your portfolio outside of traditional stocks and bonds and can be attractive for their strong dividends and long-term capital appreciation.

Is it good to invest in REITs in the Philippines? ›

REITs are an excellent way to diversify your investor portfolio. Small investors can participate in the direct ownership of a Philippine real estate asset with minimum capital. The minimum investment in REIT in the Philippines is ₱5,000. Real estate professionals handle the asset management aspect of REITs.

How much is REIT income tax in Philippines? ›

Under the REIT Law and as implemented by RR 13-2011, a REIT is subject to 30% income tax and 12% value-added tax (VAT), but it can enjoy tax relief, particularly: 50% reduction in applicable documentary stamp taxes (DST) on the sale or transfer of real property to REITs; a lower creditable withholding tax of 1%; ...

Where is it best to invest in property Philippines? ›

If you have the funds to acquire your own residential property investment, choose Makati City. Known as the “Financial Capital of the Philippines” and the “Wall Street” of Metro Manila, foreign and local professionals abound here.

Is REIT better than stocks? ›

Over the long term, a basket of top dividend stocks can outperform a basket of REITs for three simple reasons: REITs dilute their own shares to raise more cash, they're designed to generate steady income instead of capital appreciation, and they're more sensitive to interest rates than more diversified companies.

How to buy RCR REIT? ›

Over-the-counter via BPI Bills Payment in the name of "RCR IPO" at any operating BPI branch through the following payment types:
  1. Cash; or.
  2. Personal, corporate, or manager's / cashier's check drawn against an account with a BSP-authorized bank.

What is the minimum amount to invest in a REIT? ›

The minimum application value will range between Rs. 10,000 – Rs. 15,000.

Which REITs have the highest return? ›

The market's highest-yielding REITs
Company (ticker symbol)SectorDividend yield
Chimera Investment (CIM)Mortgage14.3%
KKR Real Estate Finance Trust (KREF)Mortgage14.0%
Two Harbors Investment (TWO)Mortgage14.0%
Ares Commercial Real Estate (ACRE)Mortgage13.8%
7 more rows
Feb 28, 2024

Which REIT has the highest dividend? ›

8 Best High-Yield REITs to Buy
REITForward dividend yield
Blackstone Mortgage Trust Inc. (BXMT)12.1%
KKR Real Estate Finance Trust Inc. (KREF)13.5%
Easterly Government Properties Inc. (DEA)8.3%
Realty Income Corp. (O)5.5%
4 more rows
Jan 24, 2024

What is the most profitable REIT? ›

Best REITs by total return
Company (ticker)5-year total return5-year dividend growth
Prologis (PLD)121.8%12.4%
Eastgroup Properties (EGP)107.9%13.3%
Gaming and Leisure Properties (GLPI)99.7%1.1%
Extra Space Storage (EXR)98.5%14.0%
4 more rows
Jan 16, 2024

Which REIT stock pays the highest dividend? ›

1. ARMOUR Residential REIT – 20.7%

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