Office Warehouse for Sale

December 9, 2010

Office Warehouse Building, Muntinlupa
( formerly a garment factory ), 5 year old
La=5000, Fa=15000 @ Php220M
Three storey, fully concrete, 2 freight elevators, offices
Three phase, loading docks, high ceiling, water tank
Good for factory, warehouse, call center, business process outsourcing

to view photos, click on the link below :
http://picasaweb.google.com/robertgsarmientoproperties/MuntinlupaWh02?authkey=Gv1sRgCJbp6aGpvIPlYA&feat=directlink

Robert G. Sarmiento Properties
Professional Affiliation :
Real Estate Broker’s Association of the Philippines
Past President, Greenhills Chapter 2008-2009
02 5148481 ( direct line )
+ 632 7235405 ( trunkline )
+ 632 7251832 ( telefax )
+ 632 5708882 ( line 1 )
+ 632 5707973 ( line 2 )
+ 63 920 9064829 ( mobile phone )
Email : roberts@surfshop.net.ph
Blog site : robertgsarmiento.wordpress.com
Website: http://bestcondos.wordpress.com
Website: http://www.philippinecommercialproperties.com
Website: https://philippinewarehouses.wordpress.com


Price Reduced, Must Sell !

December 4, 2010
Office Warehouse for Sale ( formerly a garment factory )
Muntinlupa, Metro Manila
La=9610,Fa=5400 @ Php 158M (from 170M)
Well built factory warehouse office building
Three phase, office, loading dock, high ceiling
The site is along West Service Road and is also a good for a residential housing development.
to view pictures, click on the link below :
http://picasaweb.google.com/robertgsarmientoproperties/Warehouse?authkey=Gv1sRgCM7cgdXw5K-1Mw&feat=directlink
for further details on this investment, please call our office.   thanks and warmest regards.

Robert G. Sarmiento Properties
Professional Affiliation :
Real Estate Broker’s Association of the Philippines
Past President, Greenhills Chapter 2008-2009
02 5148481 ( direct line )
+ 632 7235405 ( trunkline )
+ 632 7251832 ( telefax )
+ 632 5708882 ( line 1 )
+ 632 5707973 ( line 2 )
+ 63 920 9064829 ( mobile phone )
Email : roberts@surfshop.net.ph
Blog site : robertgsarmiento.wordpress.com
Website: http://bestcondos.wordpress.com
Website: http://www.philippinecommercialproperties.com
Website: https://philippinewarehouses.wordpress.com


Malabon factory/storage Warehouse

December 4, 2010
Malabon factory/storage  Warehouse
La=3465m2,
Fa= 2,000m2
Price = Php 40,000,000.00
Details = high ceiling, three phase electricity,
with loading duck, and flood free.
owner occupied, never been used in chemical production

for further details on this investment, please call our office.   thanks and warmest regards.

Robert G. Sarmiento Properties
Professional Affiliation :
Real Estate Broker’s Association of the Philippines
Past President, Greenhills Chapter 2008-2009
02 5148481 ( direct line )
+ 632 7235405 ( trunkline )
+ 632 7251832 ( telefax )
+ 632 5708882 ( line 1 )
+ 632 5707973 ( line 2 )
+ 63 920 9064829 ( mobile phone )
Email : roberts@surfshop.net.ph
Blog site : robertgsarmiento.wordpress.com
Website: http://bestcondos.wordpress.com
Website: http://www.philippinecommercialproperties.com
Website: https://philippinewarehouses.wordpress.com

Factory Warehouse for Sale !

September 7, 2010

here’s a factory warehouse located near EDSA, Quezon City that’s now in the market for sale.  total lot area is 4300 square meters and floor area is 3000 square meters for the warehouse and another 100 square meters for the office space located on the mezzanine floor.  the propety is ideal for a high rise residential condominium development as it’s located just a few minutes from a mall.  owner is motivated and has valued the property based on the land alone.  selling price is Php 145M.  for further details, please call our office.  thanks and best regards.

Robert G. Sarmiento Properties
Professional Affiliation :
Real Estate Broker’s Association of the Philippines
President, Greenhills Chapter, 2008 – 2009
02 5148481 ( direct line )
+63 2 7235405 ( trunkline )
+63 2 7251832 ( telefax )
+63 2 5708882 ( line 2 )
+63 2 5707973 ( line 3 )
+63 920 9064829 ( mobile )
email : roberts@surfshop.net.ph
blogsite : http://robertgsarmiento.wordpress.com
website : http://www.philippinecommercialproperties.com
website : http://bestcondos.wordpress.com
website : https://philippinewarehouses.wordpress.com
website : http://groverockwell.wordpress.com


Build to Suit – Office / Warehouse Building

August 22, 2010

here’s a brand new office warehouse located in laguna that was “built to suit” by my client for a multi national company for their business outsourcing and logistics requirements.  total lot area is 10,500 square meters and floor area for the building is 10,000 square meters.  an agreement was first reached by both parties for the term of lease and details of the building that will be built.  this took six months to build and rate for the lease was Php 110.00 per square meter.   other locations are available  outside of metro manila such as davao, bacolod, baguio, pampanga, to name a few.  for further details, please call our office.  thanks and regards.

Robert G. Sarmiento Properties
Professional Affiliation :
Real Estate Broker’s Association of the Philippines
President, Greenhills Chapter, 2008 – 2009
02 5148481 ( direct line )
+63 2 7235405 ( trunkline )
+63 2 7251832 ( telefax )
+63 2 5708882 ( line 2 )
+63 2 5707973 ( line 3 )
+63 920 9064829 ( mobile )
email : roberts@surfshop.net.ph
blogsite : http://robertgsarmiento.wordpress.com
website : http://www.philippinecommercialproperties.com
website : http://bestcondos.wordpress.com
website : https://philippinewarehouses.wordpress.com
website : http://groverockwell.wordpress.com
website:  http://ofwproperties.wordpress.com
website : http://bechayv.wordpress.com
website : http://ningngo.wordpress.com

Brand New Warehouse for Lease – Taguig

August 5, 2010

here’s a brand new office / warehouse for lease at taguig now in the market for lease.  this flood free area has been popular specially for those companies that were affected during last year devastating storm, ondoy.  this compound has two identical warehouses with a floor area of 700 square meters each and an office space on the second floor of 100 square meters.  owner’s lease rate is Php 200 per square meter.  for further details, please call our office.  thanks and regards.

Robert G. Sarmiento Properties
Professional Affiliation :
Real Estate Broker’s Association of the Philippines
President, Greenhills Chapter, 2008 – 2009
02 5148481 ( direct line )
+63 2 7235405 ( trunkline )
+63 2 7251832 ( telefax )
+63 2 5708882 ( line 2 )
+63 2 5707973 ( line 3 )
+63 920 9064829 ( mobile )
email : roberts@surfshop.net.ph
blogsite : http://robertgsarmiento.wordpress.com
website : http://www.philippinecommercialproperties.com
website : http://bestcondos.wordpress.com
website : https://philippinewarehouses.wordpress.com
website : http://groverockwell.wordpress.com
website:  http://ofwproperties.wordpress.com
website : http://bechayv.wordpress.com
website : http://ningngo.wordpress.com

Real Estate Investment Trust

July 20, 2010

In what it claims to accomplish, is REIT really worth the investment opportunity they say it is?

Recent reviews on REIT say that it is the next big thing in real estate. It is designed to “open up new investing opportunities in real estate” for investors and “give property companies a new venue to raise funds for their property ventures to unlock value in their income-generating real estate assets.”

Status

REIT or The Real Estate Investment Trust of 2009 is RA 9856 that actually lapsed into law without the signature of President Gloria Macapagal-Arroyo on December 17, 2009. It was published in two newspapers of general circulation on January 25, 2010, and became effective on February 9, 2010, following the regulatory period of 15 days from date of publication.

The Securities and Exchange Commission had released the draft of the implementing rules and regulations (IRRs) for public comments last April 21. If I’m not mistaken, the final IRR is expected to become official within the next three months.

Overview

New to the local scene, REIT has been in use in other markets as far back as the 1960s. It is a stock corporation formed for the sole purpose of investing in income-generating real estate assets.

Its revenues are derived from owning and managing real estate such as “apartment buildings, office buildings, warehouses, medical facilities, hospitals, mixed industrial/office buildings, commercial and residential properties and even highways that collect toll fees.”

Designed to earn as such, the REIT will operate like a mutual fund than a trust. It will be managed by a portfolio manager like a mutual fund. Investors will measure the value and performance of a REIT through its net asset value (NAV) and operating costs.

But unlike a mutual fund, it is designed to invest in properties or real estate instead of stocks and bonds. Its earnings are not based on capital gains returns as mutuals often do but from dividends like any stock corporation.

It is not the same as the mortgage-backed securities (MBS), which securitizes cashflow from existing mortgages such as interest and principal payments on housing loans. REIT securitizes cashflows from existing property assets such as rent, leases and other forms of income.

REITs can be an equity trust, mortgage trust, or construction and development trust. They can also be a combination.

As an equity trust, it owns various income-generating real estate properties such as office buildings, shopping centers, malls, apartment houses, healthcare facilities, hotels, and resorts. As a mortgage trust, it acquires long-term mortgages on properties whose construction is completed. As a construction and development trust, it provides financing to developers during the initial construction of the building.

Key features

The REIT company is a stock corporation that will engage in the ownership, management, leasing, acquisition, disposition, development, and expansion of property assets.

It must be listed in the Philippine Stock Exchange (PSE) with at least 1,000 shareholders owning a minimum of 50 shares each. It must have the minimum paid up capital of P300 million.

At least 90 percent of the net income of the REIT company must be distributed as dividends to its shareholders free of tax, as it is as well allowed to invest in foreign assets.

At least 75 percent of REIT assets must be income-generating real estate. Total borrowings and deferred payments may exceed 35 percent, but not more than 75% of the total deposited property value in the REIT.

Bottom line spin

By its key investment features, REIT looks attractive. It could certainly provide some new investing opportunity for the local investing public. It could further unleash locked values in the property portfolios of some good real estate companies.

There are several factors though that critically determines the viability and vibrancy of the business of a REIT company. The most important of which is the quality of the income-generating assets to be transferred in the property portfolio. They must be able to provide the cash flow to support dividend payments.

Among the listed companies that have expressed desire in raising funds through REIT, three companies stand out. A comparative look at the profile of their revenues will give us an idea on how they would probably provide the cash flow for the required dividend income of REIT investors as well as to who among them could probably better afford it.

Aside from the quality and nature of property assets transferred, a successful REIT company is also dependent on the quality and management competence of the fund manager and property manager appointed to realize investment objectives.