Top 6 Real Estate Developers to Invest in on the Philippine Stock Exchange

July 19, 2024

Investing in the Philippine Stock Exchange (PSE) can be a lucrative venture, especially when considering the country’s robust real estate market. Here are six of the top real estate developers in the Philippines, along with their stock names and Real Estate Investment Trusts (REITs).

1.) Ayala Land Inc. (ALI)

Ayala Land Inc. is the largest and most established real estate developer in the Philippines. With a history spanning nearly 150 years, Ayala Land has been a key player in developing the Makati Business District and Bonifacio Global City in Taguig. Their REIT, AREIT, was the first real estate investment trust to be listed on the Philippine Stock Exchange.

  • Stock Name: ALI
  • REIT Name: AREIT

Ayala Land’s extensive portfolio includes residential, commercial, and industrial properties, making it a diversified and stable investment option. Their pioneering REIT, AREIT, has set a precedent in the Philippine market, providing investors with a reliable income stream through dividends.

2.) Megaworld Corporation (MEG)

Megaworld Corporation, founded by Andrew Tan, is known for its “live-work-play” developments. The company has over 250 projects across the Philippines, including prominent developments like Forbestown and McKinley Hill in Taguig, as well as projects in Davao and Cebu. Their REIT is known as MREIT.

  • Stock Name: MEG
  • REIT Name: MREIT

Megaworld’s focus on integrated urban townships offers a unique investment opportunity. Their diverse project locations and emphasis on creating sustainable communities make them a strong contender in the real estate market.

3.) SM Prime Holdings Inc. (SMPH)

SM Prime Holdings Inc. is one of the largest integrated property developers in the Philippines. Known for their extensive portfolio of malls and condominiums, SM Prime has a significant presence across the country. However, as of April 2024, SM Prime’s president Jeffrey Lim announced that the company had postponed the launch of their REIT, citing unfavorable market conditions.

  • Stock Name: SMPH
  • REIT Name: Not yet launched

Despite the delay in their REIT launch, SM Prime’s strong brand and expansive retail footprint make it a solid investment. Their strategic focus on mixed-use developments continues to drive their growth.

4.) Filinvest Land Inc. (FLI)

Filinvest Land Inc. is recognized for its quality and budget-friendly projects under brands like Aspire and Prestige. They have a listed REIT called Filinvest REIT Corp. (FILRT).

  • Stock Name: FLI
  • REIT Name: FILRT

Filinvest’s commitment to providing affordable housing solutions makes it a popular choice among investors looking for stability and consistent returns. Their REIT, FILRT, focuses on office spaces in key business districts, offering a diversified investment option.

5.) DMCI Homes Inc. (DMC)

DMCI Homes Inc., part of the Consunji Group, has completed over 30 projects in Metro Manila. The listed entity on the PSE is their parent company, DMCI Holdings Inc.

  • Stock Name: DMC
  • REIT Name: None listed

DMCI’s reputation for delivering high-quality residential projects has cemented its position in the market. While they do not have a REIT, their consistent project completions and strong brand presence provide a solid investment opportunity.

6.) Robinsons Land Corporation (RLC)

Robinsons Land Corporation, part of the Gokongwei Group, has developed over 140 projects since the 1980s. Their developments range from mid-level to luxury units. They have a REIT listed on the stock market known as Robinsons Land Commercial REIT (RCR).

  • Stock Name: RLC
  • REIT Name: RCR

Robinsons Land’s diverse portfolio and long-standing market presence make it a reliable investment choice. Their REIT, RCR, focuses on commercial properties, offering investors exposure to the growing demand for office and retail spaces.

Investing in the Philippine Stock Exchange through these top real estate developers provides a variety of options for different investment strategies. Whether you’re looking for steady income through REITs or capital appreciation from stocks, these companies offer robust opportunities in the dynamic Philippine real estate market.