The Philippine Securities and Exchange Commission has resolved to make effective Global One Hotel Group Inc.’s registration statement for 6,340 certificates of participation in pool-sharing agreements across 12 condominium hotel projects, subject to the company meeting remaining requirements. The registration was reviewed under the streamlined framework for real estate firms offering investment contracts through rental pool arrangements. Of the units covered, 4,277 have been sold and 2,063 remain unsold. Six hotels are operational and six are under construction. Participating units will be leased to Global One Hotel and managed as hotel rooms, with investors entitled to a share of rental profits. The agreements run for 15 years from the admission of the first paying guests and automatically renew for another 15 years unless the company provides otherwise.
2026-06-16Philippine Securities and Exchange Commission
Philippine Securities and Exchange Commission conditionally clears Global One Hotel rental pool registration covering 6,340 certificates
The Philippine Securities and Exchange Commission conditionally cleared Global One Hotel’s registration of 6,340 rental pool participation certificates across 12 condominium hotel projects. Of the covered units, 4,277 have been sold and 2,063 remain unsold, with agreements generally running for 15 years and automatically renewing for another 15 years.