Top 5 Philippine REITs for 2026
Updated: January 12, 2026
Real Estate Investment Trusts or REITs remain one of the cleanest ways for Filipinos to earn regular cash flow without directly owning property. You buy shares. You receive dividends. You can sell anytime the market is open.
In the Philippines, REITs are required to distribute at least 90% of distributable income. That rule creates a strong income bias. It does not remove risk. Prices still move. Dividends can still fall.
For 2026, the big question is simple. Which REITs are big, stable, and still have room to grow?
How this list was selected
Today we focus on the top 5 REITs by market capitalization on the Philippine Stock Exchange, then filters them through investor-relevant quality checks.
What “top” means here
- Large market cap. Liquidity matters.
- Established sponsors with real asset pipelines.
- Consistent dividend track record.
- Assets that can survive different interest rate environments.
This is not a “highest yield” list. Yield without durability is a trap.
The Top 5 PSE REITs for 2026 (by market cap)
- AREIT
- RCR
- MREIT
- CREIT
- DDMPR
Side-by-side comparison table
| REIT | Sponsor | Core Assets | Income Stability | Growth Potential | Risk Level |
|---|---|---|---|---|---|
| AREIT | Ayala Land | Offices, mixed-use | Very high | Moderate | Low |
| RCR | Robinsons Land | Offices | High | Moderate | Low–Medium |
| MREIT | Megaworld | Offices (townships) | High | Moderate–High | Medium |
| CREIT | Citicore | Land leases for renewables | High | High | Medium |
| DDMPR | DoubleDragon | Offices, retail | Medium | Low–Moderate | Medium–High |
1. AREIT. The benchmark REIT
What you’re buying
AREIT owns prime offices and mixed-use assets backed by Ayala Land. These are typically located in major business districts with strong tenant profiles.
Dividend story
AREIT is often treated as the “bond proxy” of PH REITs. Dividends are steady. Growth is slow but visible. This is not a yield monster. It is a reliability play.
Growth catalysts
- Periodic asset infusions from Ayala Land
- Strong tenant demand in premium locations
Key risks
- Premium valuation. You pay for safety.
- Slower yield growth compared with smaller REITs
Best for
Conservative investors. Retirement portfolios. Core income allocation.
2. RCR. Scale and consistency
What you’re buying
RCR is one of the largest office REITs by asset count. Offices are spread across key business areas, reducing single-location risk.
Dividend story
Dividends are competitive and relatively stable. RCR benefits from scale, but office demand trends still matter.
Growth catalysts
- Gradual recovery in office leasing
- Potential asset infusions from Robinsons Land
Key risks
- Office oversupply if demand weakens
- Interest rate sensitivity through refinancing
Best for
Income investors who want size and diversification without paying AREIT-level premiums.
3. MREIT. Township exposure with upside
What you’re buying
MREIT focuses on office buildings inside Megaworld townships. This ecosystem model helps with tenant stickiness.
Dividend story
Dividends are solid. Slightly more variable than AREIT, but often higher yielding.
Growth catalysts
- Continued township development
- Office demand from BPO and traditional tenants
Key risks
- Higher exposure to office sector cycles
- Tenant concentration in certain locations
Best for
Investors who want income plus moderate growth, and can tolerate some volatility.
4. CREIT. A different kind of REIT
What you’re buying
CREIT does not own buildings. It owns land leased long-term to renewable energy operators. Cash flows are contract-based.
Dividend story
Dividends are stable and predictable, supported by long lease terms rather than occupancy cycles.
Growth catalysts
- Expansion of renewable energy projects
- New land acquisitions and lease contracts
Key risks
- Regulatory and policy changes
- Dependence on energy sector counterparties
Best for
Investors who want diversification away from offices and traditional real estate.
5. DDMPR. Yield with caution
What you’re buying
DDMPR owns a mix of office and commercial assets backed by DoubleDragon. It often trades at higher yields.
Dividend story
Yield looks attractive. The market prices in risk. Dividends depend heavily on tenant stability and sponsor execution.
Growth catalysts
- Asset stabilization
- Improvement in occupancy and sentiment
Key risks
- Tenant concentration
- Weaker balance sheet perception compared with peers
Best for
Yield-seeking investors who understand the risks and keep position sizes small.
How Filipinos should build a REIT portfolio
Simple rules
- Limit any single REIT to 10–20% of your REIT allocation.
- Mix at least two sponsors.
- Reinvest dividends if you do not need cash flow yet.
Sample portfolios
- Conservative income. AREIT + RCR
- Balanced income and growth. AREIT + MREIT + CREIT
- Yield-tilted. RCR + MREIT + small DDMPR position
What to watch in 2026
- Interest rate direction and refinancing costs
- Office demand trends and occupancy updates
- Asset infusions. Accretive or dilutive
- Dividend per share consistency. Not just yield
Final takeaway
REITs are not magic. They are businesses that rent space or land and pay you most of the cash they earn.
For 2026, the smartest move for Filipino investors is boring and disciplined. Own quality. Diversify sponsors. Watch dividends, not hype.
What to do next: Click here to start your financial journey with IMG Wealth Academy
