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The SM Group of retail tycoon Henry Sy, is eyeing a real estate investment trust (REIT) offering of its hotels to take advantage of the significant tax benefits of listing.
                    [DatePublished] => 2010-09-27 00:00:00
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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CARSON GROUP

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SM Group eyes REITs to raise capital for its hotel projects

By Zinnia B. Dela Peña | September 27, 2010 - 12:00am

The SM Group of retail tycoon Henry Sy, is eyeing a real estate investment trust (REIT) offering of its hotels to take advantage of the significant tax benefits of listing.

Business