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5.8 18.57V8.589a7.11 7.11 0 0 1 6.991-7.108l.118-.001h1.338A2.9 2.9 0 0 1 16.778 0M7.223 19.905a1.194 1.194 0 1 0 0 2.389a1.194 1.194 0 0 0 0-2.389m9.554-10.464a1.194 1.194 0 1 0 0 2.389a1.194 1.194 0 0 0 0-2.39m0-7.735a1.194 1.194 0 1 0 0 2.389a1.194 1.194 0 0 0 0-2.389\"\u002F>",{"left":15,"top":15,"width":26,"height":26,"rotate":15,"vFlip":13,"hFlip":13,"body":49},"\u003Cg fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\">\u003Cpath d=\"M12 3a12 12 0 0 0 8.5 3A12 12 0 0 1 12 21A12 12 0 0 1 3.5 6A12 12 0 0 0 12 3\"\u002F>\u003Cpath d=\"M11 11a1 1 0 1 0 2 0a1 1 0 1 0-2 0m1 1v2.5\"\u002F>\u003C\u002Fg>",{"left":15,"top":15,"width":26,"height":26,"rotate":15,"vFlip":13,"hFlip":13,"body":51},"\u003Cg fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\">\u003Cpath d=\"M3 21h4L20 8a1.5 1.5 0 0 0-4-4L3 17zM14.5 5.5l4 4\"\u002F>\u003Cpath d=\"M12 8L7 3L3 7l5 5M7 8L5.5 9.5M16 12l5 5l-4 4l-5-5m4 1l-1.5 1.5\"\u002F>\u003C\u002Fg>",{"left":15,"top":15,"width":26,"height":26,"rotate":15,"vFlip":13,"hFlip":13,"body":53},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M4 7a2 2 0 0 1 2-2h12a2 2 0 0 1 2 2v12a2 2 0 0 1-2 2H6a2 2 0 0 1-2-2zm12-4v4M8 3v4m-4 4h16m-9 4h1m0 0v3\"\u002F>",{"left":15,"top":15,"width":26,"height":26,"rotate":15,"vFlip":13,"hFlip":13,"body":55},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M18 6L6 18M6 6l12 12\"\u002F>",{"slug":57,"title":58,"excerpt":59,"image":60,"publishedAt":61,"topics":62,"readMinutes":66,"html":67,"metaTitle":58,"metaDescription":68,"shareImage":69,"updatedAt":61,"author":70,"related":72},"pldts-vitro-data-center-reit-moves-ipo-to-2027","PLDT's Vitro Data Center REIT Moves IPO to 2027","PLDT has deferred the Vitro data center REIT IPO to 2027, citing rising interest rates. Its CEO now targets the first half and still eyes about $400M for 49%. What it signals for local data center capacity and government data under EO 119.","https:\u002F\u002Fimages.unsplash.com\u002Fphoto-1680992044138-ce4864c2b962?w=2000&q=80&auto=format&fit=crop","2026-10-14T12:00:00.000+08:00",[63],{"key":64,"label":65},"philippines","Philippines",2,"\u003Cp>PLDT's data center real estate investment trust, Vitro REIT, will not list this year. In a disclosure filed with the Philippine Stock Exchange on October 5 and the SEC on October 6, PLDT said that \"in light of current market conditions and rising interest rates, VITRO REIT has decided to defer the IPO to 2027,\" and that it remains committed to the listing as part of its asset-monetization and deleveraging plans (\u003Ca href=\"https:\u002F\u002Fwww.sec.gov\u002FArchives\u002Fedgar\u002Fdata\u002F78150\u002F000119312526414891\u002Fphi-ex99_1.htm?ref=ghost.jdneer.com\">PLDT disclosure, via SEC Form 6-K\u003C\u002Fa>). The offering had originally been set to list on October 12 (\u003Ca href=\"https:\u002F\u002Fbusiness.inquirer.net\u002F614564\u002Fpldt-postpones-data-center-listing-to-2027?ref=ghost.jdneer.com\">Inquirer\u003C\u002Fa>).\u003C\u002Fp>\u003Cp>The original plan was a secondary offer of up to 1.91 billion shares plus an over-allotment of up to 287 million shares at up to ₱11 each, for gross proceeds of up to ₱24.2 billion (\u003Ca href=\"https:\u002F\u002Fbusinessmirror.com.ph\u002F2026\u002F10\u002F12\u002Fpldt-mulling-over-timing-of-data-center-units-share-sale\u002F?ref=ghost.jdneer.com\">BusinessMirror\u003C\u002Fa>, \u003Ca href=\"https:\u002F\u002Finsiderph.com\u002Fpldt-pushes-p24-b-vitro-reit-ipo-to-2027-as-rising-rates-bite?ref=ghost.jdneer.com\">InsiderPH\u003C\u002Fa>). It would have been the first data center REIT listed on the Philippine Stock Exchange (\u003Ca href=\"https:\u002F\u002Finsiderph.com\u002Fpldt-pushes-p24-b-vitro-reit-ipo-to-2027-as-rising-rates-bite?ref=ghost.jdneer.com\">InsiderPH\u003C\u002Fa>).\u003C\u002Fp>\u003Ch2 id=\"new-timing-per-vitros-ceo\">New timing, per Vitro's CEO\u003C\u002Fh2>\u003Cp>In an interview with \u003Ca href=\"https:\u002F\u002Fbusinessmirror.com.ph\u002F2026\u002F10\u002F12\u002Fpldt-mulling-over-timing-of-data-center-units-share-sale\u002F?ref=ghost.jdneer.com\">BusinessMirror\u003C\u002Fa> published October 12, Victor Genuino, president and CEO of ePLDT and Vitro REIT, said the target is now the first half of 2027, with the quarter still undecided. He said timing will depend on market conditions, interest rates and spacing between large listings, and that the company is still aiming to raise \"a bit over $400 million for 49 percent,\" while the ₱11 maximum price could be revised. Genuino also said he expects the implementing rules for Executive Order 119 to be released by November, which he said would push government agencies to classify and migrate their data. These timing details come from Genuino and have not been confirmed in a PLDT disclosure.\u003C\u002Fp>\u003Cp>BusinessMirror reports the REIT's initial portfolio is eight data centers with about 24 MW of IT-ready capacity.\u003C\u002Fp>\u003Ch2 id=\"my-take\">My take\u003C\u002Fh2>\u003Cp>For those of us who design and host infrastructure in the Philippines, the IPO date matters less than what is behind it. PLDT is treating data centers as a separate asset class that can attract pension funds and real estate investors. That is a sign of a maturing local market, and it should mean more capital for capacity.\u003C\u002Fp>\u003Cp>Some practical points:\u003C\u002Fp>\u003Cul>\u003Cli>\u003Cstrong>Capacity is still small by regional standards.\u003C\u002Fstrong> A 24 MW starting portfolio across eight sites is modest next to hyperscale campuses in Singapore or Johor. Buyers should keep asking about power, cooling and real redundancy, not just floor space.\u003C\u002Fli>\u003Cli>\u003Cstrong>Government demand could be the swing factor.\u003C\u002Fstrong> If EO 119's rules do land and push agencies toward classified, locally hosted data, demand for compliant colocation and sovereign cloud could jump. Agencies and their IT providers should start planning their data classification now rather than waiting for the rules.\u003C\u002Fli>\u003Cli>\u003Cstrong>REIT ownership changes incentives.\u003C\u002Fstrong> REITs prioritise stable yield. Customers should watch whether that shifts pricing, contract terms or appetite for expansion once the units are listed.\u003C\u002Fli>\u003C\u002Ful>","PLDT has deferred the Vitro data center REIT IPO to 2027, citing rising interest rates. Its CEO now targets the first half and still eyes about $400M for...",{"src":60},{"name":71,"url":10,"owner":5},"JD Bungart",[73,85,94,108],{"slug":74,"title":75,"excerpt":76,"image":77,"publishedAt":78,"topics":79,"readMinutes":84},"dito-cme-board-changes-2026","DITO CME elects four new directors at annual stockholders' meeting","DITO CME Holdings elected Oozi Cats, Xinxin Wang, Enrique Pampolina and Cenon Audencial Jr. to its board, as Eric Recto and Salvador Medialdea ended their terms.","\u002Fcontent\u002Fimages\u002F2026\u002F10\u002Fdito-board-boardroom-pavel-gromov-unsplash.jpg","2026-10-24T08:00:00.000+08:00",[80,81],{"key":64,"label":65},{"key":82,"label":83},"news","News",1,{"slug":86,"title":87,"excerpt":88,"image":89,"publishedAt":90,"topics":91,"readMinutes":84},"a-third-of-philippine-businesses-now-use-ai-but-only-17-have-a-plan-to-scale-it","A Third of Philippine Businesses Now Use AI, but Only 17% Have a Plan to Scale It","An AWS-commissioned study says 32% of Philippine businesses now use AI, up from 21% a year ago. But only 17% have a roadmap to scale it, and just 19% feel ready for agentic AI. Skills remain the biggest gap. Here are the numbers that matter.","\u002Fcontent\u002Fimages\u002F2026\u002F10\u002Fteam-laptops-cherrydeck-unsplash.jpg","2026-10-22T18:00:00.000+08:00",[92,93],{"key":64,"label":65},{"key":82,"label":83},{"slug":95,"title":96,"excerpt":97,"image":98,"publishedAt":99,"topics":100,"readMinutes":84},"denmarks-cpr-breach-is-a-warning-about-government-data-hoarding-and-philsys-should-take-note","Denmark's CPR Breach Is a Warning About Government Data Hoarding, and PhilSys Should Take Note","Outsiders pulled names, addresses and ID numbers of about 8.8 million people from Denmark's CPR register through one small company's lookup account, caught only by an invoice. Here is why central registers worry me, and what PhilSys can learn.","\u002Fcontent\u002Fimages\u002F2026\u002F10\u002Fchristiansborg-copenhagen-lucassantos-unsplash.jpg","2026-10-22T16:00:00.000+08:00",[101,104,107],{"key":102,"label":103},"opinion","Opinion",{"key":105,"label":106},"security","Security",{"key":64,"label":65},{"slug":109,"title":110,"excerpt":111,"image":112,"publishedAt":113,"topics":114,"readMinutes":84},"scammers-are-posing-as-bsp-officials-complete-with-fake-ids-here-is-how-to-spot-them","Scammers Are Posing as BSP Officials, Complete With Fake IDs. Here Is How to Spot Them","The Bangko Sentral ng Pilipinas warns that fraudsters are posing as its officials with fake IDs and forged signatures, asking victims to send money to release or recover funds. BSP staff never ask for payments. Here is how the scam works and what to do.","\u002Fcontent\u002Fimages\u002F2026\u002F10\u002Fdollar-bill-nohepc-unsplash.jpg","2026-10-22T08:00:00.000+08:00",[115,116,117],{"key":105,"label":106},{"key":64,"label":65},{"key":82,"label":83},{"left":15,"top":15,"width":26,"height":26,"rotate":15,"vFlip":13,"hFlip":13,"body":119},"\u003Cpath fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M5 12h14M5 12l6 6m-6-6l6-6\"\u002F>",{"left":15,"top":15,"width":26,"height":26,"rotate":15,"vFlip":13,"hFlip":13,"body":121},"\u003Cg fill=\"none\" stroke=\"currentColor\" stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\">\u003Cpath d=\"M6.5 7.5a1 1 0 1 0 2 0a1 1 0 1 0-2 0\"\u002F>\u003Cpath d=\"M3 6v5.172a2 2 0 0 0 .586 1.414l7.71 7.71a2.41 2.41 0 0 0 3.408 0l5.592-5.592a2.41 2.41 0 0 0 0-3.408l-7.71-7.71A2 2 0 0 0 11.172 3H6a3 3 0 0 0-3 3\"\u002F>\u003C\u002Fg>"]