MREIT Inc., the real estate investment trust of the country’s largest office landlord Megaworld Corporation, registered a 13 percent growth in attributable net income to P2.8 billion last year from the P2.5 billion earned in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the...
Megaworld Corporation, the country’s premier township developer, posted a 26 percent hike in consolidated net income to P19.4 billion last year as consolidated revenues rose by 17 percent to P69.7 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its...
Megaworld Corporation and its real estate investment trust MREIT Inc. have agreed to move back their planned asset-for-share swap to May 31, 2024 from the original target of sometime in the third quarter of 2023. In a disclosure to the Philippine Stock Exchange (PSE), MREIT said this is regarding...
Billionaire Andrew Tan’s investment arm Alliance Global Group Inc. (AGI) registered an 18 percent net income growth to P20.1 billion during the first nine months of 2023 from the P17.1 billion earned during the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
MREIT Inc., the real estate investment trust of Megaworld Corporation, posted a distributable income growth of 13 percent to P2.1 billion during the first nine months of 2023 from the P1.9 billion recorded in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
DAVOS, Switzerland — Two of the Philippines' top business tycoons agreed that President Ferdinand "Bongbong" Marcos Jr. has been successfully showcasing the Philippines on the global stage at the ongoing World Economic Forum (WEF) here. President Ferdinand 'Bongbong' Marcos Jr. meets...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr.'s investment pitch for the Philippines received "a very positive response" from some of the world's top chief executives and investment experts, Malacañang said. President Ferdinand 'Bongbong' Marcos Jr. (Malacañang photo)...
MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, is set to acquire additional office assets worth around P20 billion this year. In a disclosure to the Philippine Stock Exchange, the MREIT said this acquisition will eventually increase its portfolio value by...
MREIT, Inc., the REIT company of township developer Megaworld, reported that its Board of Directors has approved the acquisition of four prime, grade A buildings located in PEZA-registered zones for a total of P9.1billion. In a disclosure to the Philippine Stock Exchange, the firm said the...
Photo from AFP Tokyo Olympics gold medalist Hidilyn Diaz is now reaping the fruits of her labor following years of hard work. Aside from the cash in incentives Diaz is set to receive from the government and private sector, the Filipino weightlifter has been rewarded a ‘new home’ right at the...
Top urban township developer Megaworld Corporation reported a 45 percent drop in net income to P10.6 billion as consolidated revenues shrank 35 percent to P43.5 billion compared to 2019 due to the pandemic. In a disclosure to the Philippine Stock Exchange, the firm said attributable net income...
Urban developer Megaworld Corporation reported a 40 percent drop in net income to P8.1 billion in the first nine months of 2020 from the P13.7 billion earned in the same period last year but sees signs of recovery in the third quarter. In a disclosure to the Philippine Stock Exchange, the firm said...