Top township developer Megaworld Corp. has divested more of its stake in integrated resort developer Suntrust Resort Holdings Inc., bringing its holdings down to 23.65 percent of the affiliate’s outstanding capital. In a disclosure to the Philippine Stock Exchange (PSE), Megaworld said it...
Top township developer Megaworld Corp. raised ₱1.86 billion through the sale of equity in its real estate investment trust (REIT) and its integrated resort subsidiary. In a disclosure to the Philippine Stock Exchange on Monday, Dec. 22, Megaworld said the company sold 98 million shares of MREIT...
Hospitality is often seen through the lens of warm smiles and flawless guest experiences, but behind every welcoming gesture is work that demands both physical endurance and emotional strength. A career in the service industry means long hours on one’s feet and the ability to show genuine care....
Megaworld Corp. has finalized the infusion of ₱16.22 billion worth of office assets at McKinley Hill in Taguig City into its real estate investment trust (REIT), MREIT Inc., through its latest batch of property-for-share swaps. The firms disclosed to the Philippine Stock Exchange (PSE) that...
The holiday season sparkled with wonder at McKinley Hill as the Grand Christmas Parade returned on Dec. 6, delighting over thousands of spectators with a celebration of artistry, imagination, and community. This year’s theme, “An Enchanted Venetian Christmas: A Parade of Wonder and Light,”...
A Filipino-owned Vietnamese company and six Philippine firms were named to the inaugural Fortune Asia 100 Best Companies to Work For in Southeast Asia list, with two subsidiaries of the Gokongwei Group making the cut. Jollibee Foods Corp.’s Highlands Coffee ranked ninth on the list, according to...
Megaworld Hotels & Resorts, the hospitality arm of developer Megaworld Corp., has signed an agreement with global hospitality group Accor to convert its 1,530-room Grand Westside Hotel into the Mövenpick Manila Bay Westside, making it the world’s largest Mövenpick hotel. In a statement on...
MREIT Inc., the real estate investment trust (REIT) of top office landlord Megaworld Corp., posted a 27-percent growth in distributable income to ₱2.8 billion as of end-September, driven by the contribution of six newly acquired office properties in 2024, higher occupancy, and sustained rental...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a robust 24-percent year-on-year growth in net income in the first nine months of 2025 to ₱24.8 billion, boosted by a one-time gain and strength of its core businesses. In a disclosure to the Philippine...
Buoyed by the solid performance of its core businesses, top township developer Megaworld Corp. saw its nine-month net income surge 14 percent to nearly ₱18 billion, from the ₱15.7 billion recorded in the same period last year. The firm said in a disclosure to the Philippine Stock Exchange that...
Megaworld Corp. plans to expand its real estate investment trust MREIT Inc. by transferring 10 office buildings valued at approximately ₱20 billion in exchange for newly issued shares. In a disclosure to the Philippine Stock Exchange, MREIT said it is looking to issue and list up to 1.36 billion...
Top township developer Megaworld Corp. is subscribing to an initial ₱187.5 million in its real estate investment trust MREIT Inc., which is increasing its authorized capital by ₱3 billion in preparation for the next batch of its share-for-asset swap. In a disclosure to the Philippine Stock...
