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...
The prime location of MREIT buildings make it attractive to tenants as these are surrounded by various township components, like parks and residential developments. With four real estate investment trusts (REITs) already listed at the Philippine Stock Exchange, catching the interest of...
Megaworld Corporation reported that it has booked around 415,000 square meters of office leases since early last year despite challenges posed by the ongoing COVID-19 pandemic. In a disclosure to the Philippine Stock Exchange, the firm said around 60 percent of these lease contracts booked since...
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...
Kevin Tan personally turned over the unit Everyone is still on a high in finally getting an Olympic gold medal, all thanks to Hidilyn Diaz. One of the many grateful individuals and companies that rewarded Hidilyn for her hard work is Megaworld Corporation. They awarded her with a P14-million...
The country’s first Olympic gold medalist only deserves the best – even when it comes to her new home here in Metro Manila. So when Megaworld announced on the day of Diaz’s win that it would give her a condo in Eastwood City, what it had in mind was not just some typical box unit. Today,...
Bacolod Chicken Inasal Empanada Nation To provide Filipinos with a safe and convenient way to shop during the enhanced community quarantine this August 6 to 20, 2021, Megaworld Lifestyle Malls in Makati will remain open to serve guests with dining options, groceries, and other essentials. Those who...
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 of integrated urban townships, reported a 7 percent decline in attributable net income to P5.0 billion in the first half of the year compared to the same period of 2020. In a disclosure to the Philippine Stock Exchange, consolidated revenues...
Chinese coach Kaiwen Gao helps Hidilyn Diaz during training in Malaysia prior to the Tokyo Olympics. (From Hidilyn Diaz Instagram) It’s time to move on for Chinese mentor Gao Kaiwen and Filipino weightlifter Hidilyn Diaz. After all, it’s mission accomplished for the two in the Tokyo Olympics....
Nesthy Petecio, the country’s first silver medalist in women’s Olympics boxing, will receive a P10 million residential condominium unit in One Lakeshore Drive inside the 11.2-hectare Davao Park District in Lanang, Davao City from tycoon Dr. Andrew L. Tan. Silver medallist Philippines' Nesthy...
