MREIT Inc., the real estate investment trust (REIT) of Andrew Tan-led top township developer Megaworld Corp., reported a 34-percent growth in distributable income to ₱2.49 billion in the first half of 2026, driven by its latest asset acquisition, improved portfolio occupancy, and further gains...
MREIT Inc. and its parent company, township developer Megaworld Corp., approved a ₱27 billion property-for-share swap, the largest domestic real estate investment trust asset infusion of the year as the fund expands into commercial retail and hospitality assets. MREIT said in a disclosure to the...
BATAC CITY – The city government of Batac has declared a state of calamity following a massive fire that caused extensive damage to properties and disrupted the livelihoods of affected residents and business owners. The unnumbered resolution, unanimously approved by members of the Sangguniang...
BATAC CITY – A fire gutted this city’s public market on Sunday evening, destroying several stalls and leaving many vendors counting their losses. Authorities declared the fire out at 6 a.m. on Monday and have begun assessing the extent of the damage as investigations continue to determine the...
BATAC CITY – The city government of Batac is reviving its "Dayo," a traditional livestock auction market where local farmers, buyers, and traders gather to trade cattle and carabaos, with the first session set for June 21 at the new Bagsakan area near the public market. In the olden times, these...
MREIT Inc., the real estate investment trust backed by billionaire Andrew Tan’s Megaworld Corp., plans to acquire ₱25 billion worth of commercial assets in a deal that will transform the firm from a pure-office landlord into a diversified property trust. The company signed a memorandum of...
Andrew Tan-led top township developer Megaworld Corp. sold ₱1.27 billion worth of MREIT Inc., its real estate investment trust (REIT), to increase the latter’s public float as it gears up for the fifth wave of asset infusion. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday,...
MREIT Inc. (MREIT), the real estate investment trust (REIT) company of tycoon Andrew Tan-led top township developer Megaworld Corp., reported that it delivered its strongest quarterly performance to date due to the contribution of the recently completed Wave 4 acquisition combined with sharper...
For the launch of the country’s first Digital Park, MREIT, Inc., the real estate investment trust arm of Megaworld Corporation, has entered into a strategic partnership with E27, a global media and technology platform. Set to rise within the company’s 50-hectare McKinley Hill township in Taguig...
MREIT Inc. (MREIT), the real estate investment trust (REIT) of Andrew Tan-led top township developer Megaworld Corp., reported an 18-percent growth in attributable net income to ₱3.7 billion, driven by higher occupancy and sustained leasing momentum across its office portfolio. In a disclosure...
A senior citizen allegedly hacked his own brother to death during an argument in Barangay Quiom, Batac City, Ilocos Norte on Friday, Jan. 30. Police Capt. Angelyn Aguinaldo, deputy chief of the Batac City Police Station, said responding police officers found the suspect at the scene while the...
Megaworld Corp. has finalized the infusion of ₱16.22 billion worth of office assets at McKinley Hill in Taguig City into its real estate investment trust (REIT), MREIT Inc., through its latest batch of property-for-share swaps. The firms disclosed to the Philippine Stock Exchange (PSE) that...
