MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, has successfully listed its shares at the Philippine Stock Exchange. PSE data shows that MREIT’s share price closed at P16.70 per share, up P0.60 or 3.73 percent from its initial public offering price of...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, is planning to expand its office asset portfolio to 1 million square meters within the next five to ten years. In a statement, the firm said it is aiming to be the “country’s fastest growing REIT with the longest...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, has set the final price for its initial public offering at P16.10 per share for a maximum offer size of P15.3 billion. In a disclosure to the Philippine Stock Exchange, the firm said it has also set the final number of...
It has been said that 2021 is the year of the REIT (real estate investment trust)`after two initial public offerings with a combined market capitalization of P74.36 billion plus two more IPOs in the pipeline with a maximum combined market cap of P128.43 billion. Makati CBD skyline These four IPOs...
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings (IPO) of real estate investment trusts (REIT) sponsored by Robinsons Land Corporation (RLC) and Megaworld Corporation with a combined value of P54 billion. The Commission En Banc resolved to render...
Megaworld Corporation, the country’s largest developer and lessor of office spaces, is jumping on the REIT (real estate investment trust) bandwagon with the planned P27.3 billion initial public offering of subsidiary MREIT Inc. 12895 In a disclosure to the Philippine Stock Exchange, Megaworld...
