Alliance Global Group Inc., the conglomerate led by tycoon Andrew Tan, reported a three percent increase in first-half net income to ₱16 billion, supported by compounding property recurring revenues, expanding spirits margins, and a pivot toward non-VIP gaming. In a disclosure to the Philippine...
Megaworld Corp., the township developer controlled by billionaire Andrew Tan, declared a record-high cash dividend of ₱0.11733697 per share, total payout reaching ₱3.8 billion as expanding recurring income strengthens the real estate firm 's cash generation. The firm informed the...
Andrew Tan-led top township developer Megaworld Corp. improved its net income by five percent to ₱12.7 billion in the first half of 2026 compared with the same period last year, driven by the sustained expansion of its recurring income businesses amid macroeconomic headwinds. In a disclosure to...
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...
Top township developer Megaworld Corp. has raised an additional ₱147.1 million from the latest sale of shares in its real estate investment trust (REIT) unit, MREIT Inc., to increase its public float ahead of its fifth wave of asset-for-share swap. The Andrew Tan-led property firm said it sold...
Megaworld Corporation, the flagship real estate company of tycoon Andrew Tan, has raised a total of ₱5.6 billion from multiple block sales of shares of real estate investment trust unit MREIT Inc. between April and July 2026, in preparation for the fifth wave of asset infusion into MREIT In a...
Property giant Megaworld has officially started construction of the 313-room Paragua Sands Hotel, one of two hotels being developed within the 462-hectare Paragua Coastown township in San Vicente, Palawan. Rising 10 stories, the new hotel will feature a variety of room layouts, including...
Andrew Tan-led township developer Megaworld Corp. reported strong growth in its office leasing business, with lease renewals rising 45.6 percent in the first half of 2026 to 122,000 square meters (sqm) from the 83,353 sqm recorded in the same period last year. In a statement on Tuesday, June 30,...
The future of living is not only shaped by where people live, but also by how easily they can access jobs, services, and everyday destinations. As cities become larger and more interconnected, accessibility is increasingly influencing how communities are planned and where new developments take...
Megaworld Corp., one of the largest township developers in the country, is optimizing its capital expenditures and pacing new residential launches for the year, adopting a calibrated strategy to maintain agility and resilience amid shifting macroeconomic environment. Kevin L. Tan, Megaworld...
Top township developer Megaworld Corp. generated ₱28 billion in revenue from lot sales in its horizontal residential developments, capitalizing on the wave of domestic demand for gated communities outside traditional high-rise condominiums. In a statement, Megaworld reported that the revenue...
Global One Hotel Group, Inc., the management arm of Megaworld Hotels and Resorts, has secured approval from the Securities and Exchange Commission (SEC) for the rental pool program of its condotels. The SEC said the rental pool program was processed under the streamlined guidelines on Securing and...
