This webinar shall provide a discussion regarding Republic Act No. 9856, otherwise known as the Real Estate Investment Trusts ("REIT") Law as well as the recent Department Orders issued by the Department of Human Settlements and Urban Development ("DHSUD") which are aimed to assist the real estate sector with the effects of the COVID-19 pandemic.

The first part of the webinar shall provide an introduction and discussion of the REIT Law's salient provisions, including the Revised Implementing Rules and Regulations which were issued by the Securities and Exchange Commission early this year. The discussion will tackle the requirements for forming REITs, investments in REITs, as well as the allowable investments for REITs. The session will also provide a discussion on the tax incentives under the REIT Law as well as the various tax implications on various transactions concerning REITs in light of the TRAIN Law.

The second part of the webinar shall discuss the guidelines issued by the DHSUD for the resumption of the real estate business, construction and activities covered by the DHSUD. It shall also provide a discussion on issuances regarding additional time for completion of projects affected by stoppage of development as well as the adoption of emergency measures during the community quarantine.