After Filinvest REIT IPO Here Comes Robinsons Land Corporation REIT

The P12.6-billion IPO of Filinvest REIT (FILRT) is ongoing, with the offer period ending this week, on August 3. If you want to take part in the FILRT IPO, make sure you contact your stockbroker for details on how to take part in the IPO.

After FILRT, now comes RLC REIT.

RL Commercial REIT, the real estate investment trust company of Robinsons Land Corporation (RLC), has filed a P26.6-billion IPO, offering up to 3.3 billion common shares at an indicative price of up to P7.31 each. The offer period is scheduled from August 31 to September 6.

The stock will be listed in the PSE under the symbol RCR, with trading set to begin on September 15.

How does RCLC REIT compare versus AREIT, DDMP REIT, and FILRT? Check out our partner broker's fresh and insightful analysis here: Special Report: After Filinvest REIT IPO, here comes RLC REIT (by AB Capital Securities)

Highlights: "RLC REIT serves as the real estate arm of its parent company, JGSummit Holdings, Inc. (JGS), known as one of the major conglomerates operating in the country present in various fields such as fast-moving consumer goods, telecommunications, air transportation and financial services, among others. RLC REIT has 14 office properties under its portfolio, spread across key areas in the Philippines..."

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I am not a stock market investor, not a licensed stock market advisor, does not provide personal investment advice nor advocate Buy/Sell/Hold recommendations of any investments and securities. You should seek advice from qualified/licensed stock market advisors before engaging in any transaction.