PH Consulate General in Los Angeles Joins Discussion on PH Real Estate Investment Opportunities

LOS ANGELES 21 May 2020 – The Philippine Consulate General in Los Angeles participated in a livestream discussion dubbed, “Investment Opportunities in Philippine Real Estate Amidst the COVID-19 Pandemic” on 17 May 2020. The livestream was arranged by Ayala Land International.

The Philippine real estate market was highlighted as a resilient sector and one that remains attractive to foreign and Filipino-American investors alike. Cushioned by the strong fundamentals of the pre-COVID-19 Philippine economy, the sector maintains a positive outlook despite the pause caused by the pandemic.

Real estate in the Philippines also thrives in the demand for multiple-unit dwelling structures such as condominiums.  As rates become competitive, experts could say that now is a good time to acquire property in the Philippines.

Industry stakeholders also called upon the Philippine government for measures on fiscal easing, accommodation and financial stimulus to mitigate the economic impact of the pandemic, and sustain real estate market growth post-COVID-19.

Rampver Financials President and Director of Ayala Land Logistics Holding Corporation Rex Mendoza led the discussion. Trade Commissioner Eric Elnar of the Philippine Trade and Investment Center in Los Angeles and Consulate General Information Officer Mary Grace “Joss” Leaño represented the Consulate General. END

For more information, visit https://www.philippineconsulatela.org or https://www.facebook.com/PHLinLA/.