How one of the biggest NFT Marketplaces making its own history in the Digital Market space? OpenSea has raised $300 million in a Series C round of funding, which has made the NFT market worth a whopping $13.3 billion. According to a blog post, the company says that it plans to use this money…
Exciting News for Airbnb Users: What to Expect in 2022 The vacation rental industry is evolving, and Airbnb is introducing exciting improvements. One major discussion this year is the potential acceptance of cryptocurrency payments. At the beginning of 2022, Airbnb CEO Brian Chesky invited users to share their thoughts on improving the platform. A top…
Devastating news about Cryptocurrency you should know before investing this 2022 Earlier this year, Bitcoin, the world’s most valuable cryptocurrency, went down a lot at a price approximately around $43,000. After the minutes from the most recent Federal Reserve meeting were released, it was clear that the US would raise interest rates even faster than…
INSURANCE + INVESTMENT The Greatest Combination? Insurance and investment are two essential pillars of financial planning, each serving distinct yet complementary purposes. Insurance provides financial protection against unexpected events, ensuring that individuals and their families are safeguarded from potential risks. On the other hand, investment focuses on growing wealth over time, helping individuals achieve their…
Filipinos are unlocking financials opportunities through stock investing by leveraging digital platforms, investment education, and local market growth.
REITs for energy to broaden investment opportunities 2022 The expansion of real estate investment trusts (REITs) to other industries, including the renewable energy sector, will broaden opportunities for income generation that the investing public can tap into. REITs offer a viable platform for investors to participate in the growth of the renewable energy sector without…
Citicore’s Bold Move: Clean Energy REIT Listing Set for February 2022 Renewable energy-themed real estate investment trust (REIT) pioneer Citicore Energy REIT Corp. (CREIT) expects to list by February, aiming to raise P10.1 billion to scale up the group’s agro-solar farm operations in order to become the country’s largest by next year. In a recent…
MREIT Expands Portfolio with P9.1-Billion Acquisition of Four Office Towers from Parent Firm The MREIT [MREIT 18.32 0.11%] board approved the purchase of four office towers, with 55,700 sqm of gross leasable area (GLA), for P9.1 billion in cash from its parent company and sponsor, Megaworld [MEG 3.06 0.66%]. The new towers will bring…
SEC approves public offerings from AREIT, Cityland The Philippine real estate sector continues to attract investor interest as regulatory approvals pave the way for new capital-raising initiatives. The Securities and Exchange Commission (SEC) recently approved the public offerings of AREIT Inc. and Cityland Inc., signaling strong confidence in the country’s financial markets. AREIT, a real…
Executives Bullish on the Philippine REIT Market The Future of the Philippine REIT Market The Philippine REIT market is gaining momentum, with new real estate investment trust (REIT) IPOs expected soon. Top executives are optimistic about its growth, positioning the country as a key player in the region. At a Securities and Exchange Commission…