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Manila Bulletin

Megaworld lightens up on MREIT stake ahead of next asset infusion
Top township developer Megaworld Corp. continues to lighten up on its stake in MREIT Inc., this time selling ₱2.24 billion worth of the real estate investment trust’s (REIT) shares, in preparation for its fourth wave of asset infusion. In a disclosure to the Philippine Stock Exchange (PSE),...
Manila Bulletin

MREIT ramps up expansion, looks to double portfolio with new asset swaps
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...
Manila Bulletin

Megaworld launching more residential projects while clearing Metro Manila inventory
While focusing on clearing its ready-for-occupancy units in Metro Manila, township developer Megaworld is set to aggressively launch new residential projects i the provinces later this year to take advantage of growing demand. “Most of our new inventory is dated for release in the second half of...
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