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...
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...
Top township developer Megaworld Corp. is reinvesting ₱3.4 billion from the recent sale of MREIT Inc. shares to expand the offerings of its three township developments in Bacolod, Mactan, and Palawan. In a disclosure to the Philippine Stock Exchange (PSE), the firm said portions of the share...
MREIT, Inc. (MREIT), the real estate investment trust of Megaworld Corp., reiterated its plan to acquire mall and retail assets from its sponsor as part of its plan to double its portfolio to one million square meters of gross leasable area (GLA) by 2027. The firm disclosed to the Philippine Stock...
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),...
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...
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...
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...
MREIT, Inc., the real estate investment trust of pioneering township developer Megaworld Corporation, announced the appointment of Kevin L. Tan as the company’s new Chairman of the Board effective June 1, 2025. Tan served as MREIT’s President and CEO since the launch of Megaworld’s REIT...
Recently-acquired assets and higher rent boosted the earnings of MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, by 25.6 percent to ₱932 million in the first quarter of 2025 from the ₱742 million earned in the same period last year. The firm said in a...
MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, reported a 12 percent improvement in distributable income to P3.2 billion for full-year 2024. In a disclosure to the Philippine Stock Exhcange, the firm said this growth was primarily driven by the...
