Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023. In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
MREIT declares P614-M Q4 cash dividend By JAMES A. LOYOLA MREIT, Inc., the real estate investment trust company of Megaworld Corporation, declared a P614.28-million cash dividend equivalent to P0.2428 per share to its shareholders based on its distributable income in the fourth quarter of 2022. In...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, is looking to grow its portfolio to 500,000 square meters in gross leasable are (GLA) by the end of 2024 by acquiring various assets from its sponsor as well as other developers. In a disclosure to the Philippine Stock...
MREIT, Inc. reported a 147 percent surge in attributable net income to P1.99 billion in the first nine months of 2022 from P807 million in the same period last year after it expanded its portfolio. In a disclosure to the Philippine Stock Exchange, the real estate investment trust of Megaworld...
MREIT, Inc., the real estate investment trust of top office landlord Megaworld Corporation, reported a distributable income of P638 million for the second quarter of 2022 sustaining its strong performance in the previous quarter. In a statement, the firm said it also closed the second quarter of...
MREIT, Inc., the real estate investment trust sponsored by Megaworld Corporation, reported an attributable net income of P639 million in the first quarter of 2022. In a statement, the firm said this translates to an 18 percent growth as compared to the previous quarter as the company’s recent...
MREIT, Inc., the real estate investment trust of Megaworld Corporation, has declared a cash dividend of P0.243 per share to its shareholders based on its income for the first quarter of 2022. In a disclosure to the Philippine Stock Exchange, the firm said the cash dividends will be payable on May...
The Annual Stockholders’ Meeting of MREIT, Inc. will be held virtually on 27 May 2022 at 9:00 AM. Stockholders of record as of 27 April 2022 will be entitled to notice of, and vote at, the Annual Meeting. Stockholders who wish to participate must register from 9:00 AM of 06 May 2022 until 5:00 PM...
The Annual Stockholders’ Meeting of MREIT, Inc. will be held virtually on 27 May 2022 at 9:00 AM. Stockholders of record as of 27 April 2022 will be entitled to notice of, and vote at, the Annual Meeting. Stockholders who wish to participate must register from 9:00 AM of 06 May 2022 until 5:00 PM...
Megaworld Corporation is transferring four more office buildings worth P5.3 billion to its real estate investment trust MREIT as the initial tranche of its P20 billion assets-for-shares swap planned for this year. In a statement, Megaworld said the new acquisitions will have a total gross leasable...
MREIT, Inc., the real estate investment trust of Megaworld Corporation, reported net income of P2.0 billion for its first six months of operation, July to December 2021. In a disclosure to the Philippine Stock Exchange, the firm said a large part of the profit (35 percent) was due to the...
MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, is set to acquire additional office assets worth around P20 billion this year. In a disclosure to the Philippine Stock Exchange, the MREIT said this acquisition will eventually increase its portfolio value by...
