SEC OKs Damosa Land ‘condotel’ rental pool program

MANILA, Philippines – The Securities and Exchange Commission (SEC) has approved the P5.2-million rental pool program of Damosa Land Inc., marking it as the first company to register under the new guidelines for real estate securities registration.

Damosa Land’s registration statement includes 100 certificates of participation in the condotel project of TRYP, signaling a significant development in the real estate investment landscape.
https://business.inquirer.net/549985/sec-oks-damosa-land-condotel-rental-pool-program

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