MREIT Inc., the real estate investment trust (REIT) of Andrew Tan-led Megaworld Corp., has secured the Securities and Exchange Commission’s (SEC) approval for the fourth wave of its property-for-share swap transaction worth ₱16.2 billion. This paves the way for MREIT to proceed with the...
Andrew Tan-led top township developer Megaworld Corp. has raised ₱945 million from the sale of shares of its real estate investment trust (REIT), MREIT Inc., to reduce its stake in the subsidiary and pave the way for a fresh asset infusion in exchange for new shares. In a disclosure to the...
Further expanding its footprint across the Philippines, property giant Megaworld continues its promise to deliver a world-class live-work-play destination in Northern Luzon by jumpstarting land development for its 84-hectare Ilocandia Coastown township in Laoag City, Ilocos Norte. This strategic...
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...
Megaworld Corp., the pioneer of the integrated township model in the country, is projecting continued growth this year after reporting its third consecutive year of record earnings. Lourdes Gutierrez-Alfonso, Megaworld president and chief executive officer, said the property giant plans to...
Top township developer Megaworld Corp. is expanding its footprint into Northern Luzon with the launch of a ₱2-billion beachside residential project in Ilocos Norte. In a statement on Wednesday, Feb. 25, Megaworld said the development, dubbed Ilocandia Beach Village, serves as the first...
The look and location of a development are always important when choosing your next home. But you know that there’s something even more meaningful, a space that genuinely prioritizes your wellbeing. Today, luxury goes beyond size and finishes, focusing on clean air, quality sleep, and a home that...
Andrew Tan-led township developer Megaworld Corp., through its retail and commercial arm Megaworld Lifestyle Malls, is investing ₱10 billion to build four malls, which will add more than 150,000 square meters (sqm) of gross floor area (GFA) to its retail portfolio. The firm said in a disclosure...
Lucky Chinatown stands as the center of luck, abundance, and prosperity, bringing the community together at the heart of Binondo to welcome the Year of the Fire Horse with good fortune and auspicious beginnings. The lighting of the Prosperity Tree at Chinatown Walk ignites a series of events and...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), a premier developer of integrated tourism and leisure townships, has broken ground on the clubhouse inside The Lindgren located within the 151-hectare Arden Botanical Estate in Trece Martires, Cavite. The Clubhouse at The Lindgren is designed...
Top township developer Megaworld Corp. is raising its capital expenditure by 30 percent this year to ₱65 billion amid its pivot toward aggressive expansion in provincial markets. In a disclosure to the Philippine Stock Exchange, the firm said the developer, which had previously earmarked ₱50...
Top township developer Megaworld Corporation is rolling out this year its AI-powered homes in select residential properties, starting with Park McKinley West in Taguig City through a partnership with global technology leader Samsung. As artificial intelligence (AI) continues to reshape everyday...
