Gatchalian-led hotel and resort firm Waterfront Philippines Inc. reported a ₱1.76 billion gain from the sale of 57.5 hectares of land in Ilocos Norte to township developer Megaworld Corporation in a deal valued at ₱2.06 billion. In a disclosure to the Philippine Stock Exchange, Waterfront said...
Luxury comes in generous terms at Park McKinley West, Megaworld Corporation’s third residential condominium development within its McKinley West township. Situated across McKinley Hill, the condominium towers sit inside the integrated urban development of Fort Bonifacio. As a 25-story high-rise,...
Property giant Megaworld Corp. has embarked on the almost total renovation of its pioneering township Eastwood City, which will include a facelift of the mall and other commercial areas, hotel, and office buildings. The ₱2.5-billion redevelopment of the 28-year-old Eastwood City, the company’s...
Megaworld Lifestyle Malls continues to raise the bar in Philippine retail after receiving three prestigious accolades at the Retail Asia Awards 2025, held at Marina Bay Sands in Singapore. The company took home the coveted Mall of the Year – Philippines title for the third consecutive year, this...
There’s something about mangoes that brings everyone to the table. They are sweet, familiar, and undeniably Filipino. At The Mactan Newtown, that shared love now takes center stage in a full-on festival. From May 16 to June 8, the Cebu Mangoes Festival 2025 transforms the 30-hectare township into...
Megaworld Corporation reported that it has fully transitioned all of its company-owned offices, hotels, lifestyle malls, and residential properties to 100 percent renewable energy as part of its commitment to sustainability. The firm disclosed to the Philippine Stock Exchange that this covers 54...
Ayala Land Inc., Megaworld Corp., Robinsons Land Corp., and SM Prime Holdings Inc., the Philippines’ top four property developers, are set to accelerate their premium residential projects over the next one to two years, in a bid to cushion the impact of slowing demand in the mass housing segment....
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...
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...
The story of Capital Town begins where another once thrived. On the same grounds where the Pampanga Sugar Development Company (PASUDECO) powered generations of Kapampangans, a new kind of growth is taking shape, one that doesn’t erase the past but builds upon it. Megaworld Corporation’s...
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...
Tycoon Andrew Tan’s township developer Megaworld Corporation reported a 16 percent growth in net income to ₱5.83 billion in the first quarter of the year as its growing focus on the provinces helped the performance of all of its core businesses. In a disclosure to the Philippine Stock Exchange,...
