Top township developer Megaworld Corp. and its subsidiaries reported a 10.4-percent improvement in reservation sales to ₱29.7 billion during the first quarter of 2026 despite the supply glut and other challenges in the Metro Manila condominium market. In a statement on Tuesday, June 2, the firm...
By Jean Cabrera Thousands of Bacolodnons, tourists, and food enthusiasts gathered for the Bacolod Chicken Inasal Festival, a three-day celebration honoring the city 's iconic grilled chicken dish and the culinary tradition that helped put Bacolod on the gastronomic map. Led by the City...
By Renzo David The world-famous Cebu mangoes took center stage at the annual Cebu Mangoes Festival, a weeklong celebration that brought together local government units, academic institutions, community groups, and private enterprises in honoring the island province’s prized agricultural treasure....
MREIT Inc., the real estate investment trust backed by billionaire Andrew Tan’s Megaworld Corp., plans to acquire ₱25 billion worth of commercial assets in a deal that will transform the firm from a pure-office landlord into a diversified property trust. The company signed a memorandum of...
People travel to provinces or even abroad to experience resort-style living and find time to relax, but what if that same atmosphere was just a short walk from home? In Maple Grove, Megaworld Corporation’s township in General Trias, Cavite, a wellness-focused residential community brings...
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, delivered a six-percent growth in net income to ₱7.8 billion in the first quarter of 2026 from the normalized profit of ₱7.4 billion in the same period last year due to higher earnings from its property and spirits...
Top township developer Megaworld Corp. plans to expand its hospitality portfolio by opening six new hotels over the next three years, an aggressive buildout that will add nearly 2,000 room keys to its inventory. In a disclosure to the Philippine Stock Exchange, the firm said it is expanding its...
MREIT Inc., the real estate investment trust (REIT) of Andrew Tan-led Megaworld Corp., is aiming to grow big enough to join AREIT Inc. in the Philippine Stock Exchange (PSE) benchmark index’s basket of 30 companies within the next two to three years. During the PSE’s Strength Access and Reach...
Iloilo Business Park has spent the last few years building the case that a township can be more than just offices and condominiums. With three museums, a convention center, and a growing dining and retail scene, it has steadily positioned itself as Iloilo City 's center of arts, culture, and...
ILOILO CITY— The office market in Western Visayas is maintaining its resilience as stable vacancy rates and robust take-up counter the recent surge in new supply, according to real estate services firm Colliers Philippines. Joey Roi Bondoc, Colliers Philippines research director, said the vacancy...
Megaworld Corp., the pioneer of the township development model in the country, reported a six percent increase in first-quarter net income as surge in retail spending and recovery in its hotel business offset broader real estate industry headwinds. In a disclosure to the Philippine Stock Exchange,...
Andrew Tan-led top township developer Megaworld Corp. sold ₱1.27 billion worth of MREIT Inc., its real estate investment trust (REIT), to increase the latter’s public float as it gears up for the fifth wave of asset infusion. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday,...
