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...
There’s no denying that fitness is having a moment. What was once confined to gyms and training studios has evolved—getting active now means more than just lifting weights or hitting the treadmill. Locally, this shift is evident in the rise of run clubs and active communities, cities...
Township developer Megaworld Corporation’s leisure subsidiary Global-Estate Resorts, Inc. (GERI) is investing an initial P5 billion to develop a 117-hectare integrated lifestyle community in the highlands of Cagayan de Oro City. In a joint disclosure to the Philippine Stock Exchange, Megaworld...
Global Estate Resort Inc., the leisure property development arm of Megaworld Corporation, reported that it has accumulated enough land for a development pipeline of 10 years. GERI President Monica Salomon During the firm’s annual stockholders’ meeting, GERI President Monica Salomon said “the...
Global Estate Resorts Inc. (GERI), a premier developer of integrated tourism and leisure townships controlled by Megaworld Corporation, reported a three percent improvement on attributable net income to P1.8 billion last year from the P1.79 billion earned in 2022. In a disclosure to the Philippine...
The newly opened Wolfgang’s Steakhouse Grill at Boracay Newcoast. (All images courtesy of Wolfgang’s Steakhouse PH) Aside from its world-renowned pristine white beaches, exciting adventure activities, and invigorating festivals and parties, Boracay now offers another reason to visit its...
Billionaire Andrew Tan’s leisure development business Global-Estate Resorts Inc. (GERI) reported that its net income was up slightly to P1.5 billion in the first nine months of 2023 from the P1.45 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
Global-Estate Resorts, Inc. (GERI), Megaworld Corporation’s integrated tourism estates developer, reported that its net income hiked 70 percent to P1.5 billion in the first nine months of 2022 from P850 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), the country’s leading developer of integrated tourism-estates, registered a 32 percent growth in net income to P848 million during the first half of 2022 from P643 million in the same period last year. In a disclosure to the Philippine...
Global-Estate Resorts, Inc. (GERI), the tourism estates unit of Megaworld Corporation, reported a 15 percent growth in net income to P1.5 billion last year from the P1.3 billion earned in 2020. In a disclosure to the Philippine Stock Exchange, the firm said its attributable net income rose 21...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI) reported a 25 percent growth in attributable net income to P772 million in the first nine months of 2021 from P619 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the Philippines’ leading developer of...
Global-Estate Resorts, Inc. (GERI), the Philippines’ leading developer of master-planned integrated tourism estates, reported an 11 percent improvement in attributable net income to P603 million during the first half of the year. In a disclosure to the Philippine Stock Exchange, the Megaworld...