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Lamudi has recently published its first quarterly e-magazine, which features highlights from the first quarter of 2021 and a rundown of the latest REIT developments in the country. The report, titled The Outlook Quarterly: A Wrap-up of the Philippine Property Market, will feature key industry news, trends and developments for 1Q2021.
The Philippines kicked off 2021 with news of vaccine rollouts, a rise in active cases and stricter lockdown levels. The local real estate market also started the year with significant industry developments, such as project launches, recovering demand, and a REIT debut, among others. A whole year past the onset of the global pandemic, Lamudi seeks to uncover new property seeker trends for the first quarter of 2021 and see where the market is headed.
REITs
2021 may as well be the year of the REIT, with the launch and registration of multiple new real estate investment trusts with the Securities and Exchange Commission this year. Following the positive response to the launch of Ayala Land’s AREIT last year, the country’s REIT space is seen to further progress as developers add more real estate assets to their portfolio mix and provide investors a chance to take part in the success of their office towers, residential complexes, and townships. In The Outlook Quarterly, Lamudi gives a run-down of the current and upcoming REITs in the country as well as their respective portfolios and company performance in recent years.
Property Seeker Trends
As the country’s prime source of property seeker-driven data on demand for local real estate, the report provides a rundown of property seeker trends in the whole country as well as zooms into developments in Luzon, Visayas, and Mindanao. This particular report gives an overview of buy vs. rent performance as well as demand by property type, price segment, location, gender, and age group for the first quarter of 2021.
Overseas Market Developments
The quarterly e-magazine also provides insights on the property-seeking activities of prospecting real estate investors based abroad. Based on Lamudi data, the report provides a market profile of overseas property seekers – what types of properties they are looking for, what country they’re from, where they wish to invest, how old they are, and more. The market snapshot serves as a unique resource for brokers, developers, and property sellers interested in taking their business to a global market.
Real Estate News Round-up
The first quarter of the year was filled with new developments in the local real estate space. In the quarterly report, Lamudi rounds up a list of some of the most exciting project launches, key infrastructure updates, emerging technology, and industry news that transpired in the first quarter of 2021. From developer rebranding moves to groundbreaking ceremonies to industry pivot strategies, be sure not to miss a headline.
Check out the Lamudi Journal for free online knowledge resources, real estate news, trend analyses, and tips and advice on everything real estate – beginner investment briefers, land registration, interior design, market movements and more.
