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,...
Alliance Global Group Inc. (AGI), the investment holding company of tycoon Dr. Andrew Tan, is cutting capital expenditures (capex) for 2025 following a decline in earnings in 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is allotting ₱63 billion for capex this...
MREIT, Inc. Chief Operating Officer Arnie Batac, Megaworld Corporation President Lourdes Gutierrez-Alfonso, JLL Managing Director for Thailand, Vietnam, Indonesia, and the Philippines Michael Glancy, and JLL Country Head of the Philippines Joey Radovan were in attendance at the signing ceremony,...
SANDY PARADISE Mactan Newtown Beach offers a leisurely experience of soaking in the sun and enjoying the sea As the summer heat kicks in, there’s nothing better than to feel your skin soaking in the sunlight and cooling down by the beach. Perhaps you prefer the tranquility of an ice-cold drink...