Construction firm EEI Corp. (EEI) has so far won ₱19.1 billion worth of new projects in the third quarter of 2025, increasing its total backlog or unworked portion of existing contracts to ₱39.24 billion as of the end of August this year. This comes after the company has been awarded the...
Top township developer Megaworld Corp. and MREIT Inc. are looking at about three more waves of asset infusions amounting to 520,000 square meters of gross leasable area (GLA) over the next two years in order to hit the real estate investment trust’s target portfolio size of one million square...
Alliance Global Group Inc. (AGI), the conglomerate led by tycoon Dr. Andrew L. Tan, reported a 39-percent jump in net income to ₱19.2 billion in the first half of the year, driven largely by the increasing contribution from its real estate business and tourism-related segments, on the back of...
MREIT Inc., the real estate investment trust (REIT) of top township developer Megaworld Corp., is raising its authorized capital stock by 60 percent to ₱8 billion from ₱5 billion so it can issue more shares for the acquisition of fresh assets. In a disclosure to the Philippine Stock Exchange...
Megaworld Hotels & Resorts, a unit of township developer Megaworld Corp. and the country’s largest hotel developer, is opening seven new hotels to grow its nationwide portfolio by 50 percent to 9,000 hotel room keys by 2030. In a disclosure to the Philippine Stock Exchange, Megaworld said these...
Top township developer Megaworld Corp. sustained its growth momentum with first-half and second-quarter earnings reaching historic levels as its hotel, office, and mall businesses led all its units forward. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its net income for the...
Top township developer Megaworld Corp. is preparing for another infusion of assets into MREIT Inc. later this year by unloading ₱1.17-billion worth of the real estate investment trust’s (REIT) shares. In a disclosure to the Philippine Stock Exchange (PSE), Megaworld said it sold 84.8 million...
La Victoria Global Residences, Megaworld’s newest residential development at Mactan Newtown, rises not just as a 20-story tower in Cebu but as a visual and cultural homage to a moment in Philippine history that changed the world. The property pays tribute to the Galleon Victoria, the first ship...
Top township developer Megaworld Corporation has expanded its Lucky Chinatown mall with the addition of a new wing as demand for more premium commercial spaces continues to grow in this side of Binondo, Manila. In a statement, the firm said the new development, called the Imperial Wing, adds three...
MREIT Inc., the real estate investment trust (REIT) of top property giant Megaworld Corp., has tapped Common Ground, one of Southeast Asia’s leading coworking space providers, to develop an innovative “Digital Park” for Megaworld townships in the country. In a disclosure to the Philippine...
Global-Estate Resorts, Inc. (GERI), Megaworld Corporation’s integrated tourism and leisure townships subsidiary, is initially allotting ₱5 billion for the next five years to develop a 116-hectare beachside property in Nasugbu, Batangas. During the firm’s annual stockholders’ meeting, GERI...
Top township developer Megaworld Corp. has tapped Accor Group to share its expertise and operate select homegrown hotel brands under its hospitality arm Megaworld Hotels & Resorts. Andrew Tan-led Megaworld is the country’s largest developer and operator of homegrown Filipino hotel brands, while...
