business

PLDT Plans to Raise Up to $400 Million Through REIT Listing

9 Haziran 2026Bloomberg

PLDT Inc., a leading telecommunications company in the Philippines, is aiming to raise $300 million to $400 million through a real estate investment trust (REIT) listing focused on its data center operations. This move comes at a time when there is heightened global investor interest in technology and artificial int…
The REIT is expected to capitalize on the growing demand for data services and infrastructure.
The telecommunications sector has been undergoing significant transformation, with companies diversifying their portfolios to include data centers and related infrastructure. As digital transformation accelerates globally, firms like PLDT are positioning themselves to leverage this trend through innovative financial…
The decision by PLDT to pursue a REIT listing reflects broader trends in the telecom industry, where companies are increasingly looking to monetize their real estate assets amid rising demand for data services. This strategic move could not only enhance PLDT's financial position but also attract investors looking to…

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This article is for informational purposes only and does not constitute financial advice.

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