Month: November 2020

ACCRALAW as AREIT’s Counsel for AREIT, the Philippines’ First REIT

ACCRALAW assisted Ayala Land, Inc. (ALI) in the first real estate investment trust (REIT) offering in the Philippines and acted as Philippine counsel to AREIT, Inc. (AREIT) in its initial public offering of 456,883,000 common shares, with an overallotment option of 45,688,700 common shares. On 13 August 2020, AREIT’s shares were listed on The Philippine Stock Exchange, Inc.

Unintended Consequences of the Special Resident Retiree’s Visa

The Philippines prides itself on its tropical weather, pristine beaches, thousand islands, scenic natural wonders, delicious local cuisine, and hospitable people, making it one of the most sought-after travel destinations for tourists looking for recreation and relaxation. For these same reasons, the country makes for an appealing retirement haven not only for Filipino citizens but foreign nationals as well.

ACCRALAW is ALB’s Philippine Law Firm of the Year

On 20 November 2020, Asian Legal Business (ALB) held its 5th Annual Philippine Law Awards virtually.

ACCRALAW was awarded Philippine Law Firm of the Year for the third consecutive year.

Despite the challenges faced by the legal and business sectors due to the current health crisis, ACCRALAW has been relentless in its pursuit to address the growing and changing needs of its clients. It has reaped the gains of investing in its legal complement and technological enhancements.