PLDT mulls over REIT route for data center arm

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7 months ago

MANILA, Philippines — PLDT Inc. is contemplating over launching a real estate investment trust (REIT) offering, backed by its $1-billion data center business whose current property portfolio covers 10 facilities, to raise funds. But while the REIT route would provide the company stronger control over ePLDT, it was not putting in the back burner plans

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