GSIS raises stake in Gokongwei-led REIT

MANILA, Philippines — State-run pension fund Government Service Insurance System (GSIS) has increased its stake in Gokongwei-led RL Commercial REIT Inc. (RCR) by more than 900 percent over the last two months, acquiring more than 8 percent of the company’s shares. In a stock exchange filing on Tuesday, RCR said GSIS now owned 877.43 million Read The Rest at :