Global-Estate Resorts, Inc. (GERI), Megaworld Corporation’s integrated tourism and leisure townships subsidiary, is initially allotting ₱5 billion for the next five years to develop a 116-hectare beachside property in Nasugbu, Batangas. During the firm’s annual stockholders’ meeting, GERI...
Township developer Megaworld Corporation’s leisure subsidiary Global-Estate Resorts, Inc. (GERI) is investing an initial P5 billion to develop a 117-hectare integrated lifestyle community in the highlands of Cagayan de Oro City. In a joint disclosure to the Philippine Stock Exchange, Megaworld...
Global Estate Resort Inc., the leisure property development arm of Megaworld Corporation, reported that it has accumulated enough land for a development pipeline of 10 years. GERI President Monica Salomon During the firm’s annual stockholders’ meeting, GERI President Monica Salomon said “the...
Global-Estate Resorts, Inc. (GERI), the leisure property development arm of Megaworld Corporation, is investing P5 billion for the 10-year mixed-use development of a 150-hectare beachside property in Lian, Batangas. In a disclosure to the Philippine Stock Exchange, GERI said the project called...
Global Estate Resorts Inc. (GERI), a premier developer of integrated tourism and leisure townships controlled by Megaworld Corporation, reported a three percent improvement on attributable net income to P1.8 billion last year from the P1.79 billion earned in 2022. In a disclosure to the Philippine...
Billionaire Andrew Tan’s leisure development business Global-Estate Resorts Inc. (GERI) reported that its net income was up slightly to P1.5 billion in the first nine months of 2023 from the P1.45 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
Alliance Global Group Inc. (AGI) is optimistic that its gaming and tourism businesses will much stronger this year specially with the expected reopening of China which will release a huge wave of revenge spending. In an interview, AGI Vice Chairman and CEO Kevin Tan said they are currently taking...
Global-Estate Resorts, Inc. (GERI), a subsidiary of Megaworld Corporation and a leading developer of master-planned integrated tourism estates, is launching a P1.3 billion luxury residential village in Trece Martires, Cavite. In a statement, the firm said the 41.8-hectare Prana Garden Villas will...
Global-Estate Resorts, Inc. (GERI), Megaworld Corporation’s integrated tourism estates developer, reported that its net income hiked 70 percent to P1.5 billion in the first nine months of 2022 from P850 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the country’s leading developer of integrated tourism-estates, registered a 32 percent growth in net income to P848 million during the first half of 2022 from P643 million in the same period last year. In a disclosure to the Philippine...
Global-Estate Resorts, Inc. (GERI), a subsidiary of Megaworld Corporation, is opening this month its Boracay Newcoast Convention Center (BNCC) which is in the eastern part of Boracay Island. In a statement, GERI said the 1,200-seater convention facility is a modern tensile structure that can be...
Tourism estate developer Global-Estate Resorts, Inc. (GERI) registered a 28 percent growth in net income to P412.2 million in the first quarter of 2022 from the P322.6 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said its attributable net...
