Leading the partnership signing are (from left) Arnie Batac, chief operating officer, MREIT Inc.; Lourdes Gutierrez-Alfonso, president, Megaworld Corp.; Joey Radovan, country head, JLL Philippines; and Michael Glancy, JLL managing director for Thailand, Vietnam, Indonesia, and the...
Did you know that there are five major festivals celebrated in Bacolod City? Of course, there is the grand MassKara Festival in October, which lures many people to the city with colorful parades and street performances. Completing the list are the Bacolaodiat Festival (Chinese New Year), Bacolod...
Andrew Tan-led township developer Megaworld Corp. is investing ₱30 billion over the next five years to further ramp up its office portfolio by building new office buildings. In a disclosure to the Philippine Stock Exchange, the firm said part of the five-year budget will also be used to...
In today’s fast-paced business landscape, location is everything. Companies are constantly seeking environments that foster productivity, convenience, and sustainability. Megaworld’s office developments—particularly in its award-winning township Iloilo Business Park—provide a seamless...
Megaworld is investing close to P50-billion to develop two new townships in Palawan, the six-hectare Baytown Palawan and the 462-hectare eco-tourism township Paragua Coastown. Palawan’s breathtaking landscapes, pristine beaches, and rich biodiversity have long made it a dream destination for...
MREIT, Inc., the real estate investment trust of township developer Megaworld Corporation, reported a 12 percent improvement in distributable income to P3.2 billion for full-year 2024. In a disclosure to the Philippine Stock Exhcange, the firm said this growth was primarily driven by the...
Andrew Tan-led Megaworld Corporation, the country’s pioneer in township developments, reported a 12 percent year-on-year improvement in net income to a new record high of ₱21.7 billion as all its business segments saw strong growth last year. The firm disclosed to the Philippine Stock Exchange...
By Maris Zare Property giant Megaworld Corporation’s third residential condominium development is rising soon within its 140-hectare Maple Grove township in General Trias, Cavite. All units at the 14-story Maple Park Residences will be equipped with wireless smart home systems that can be...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
Megaworld is set to expand its township developments in Luzon and Visayas, adding at least two new projects covering more than 300 hectares. These townships will integrate residential, commercial, and leisure spaces, continuing the company's push for urban growth outside Metro Manila. Lourdes...
As sustainability becomes a priority, building greener cities has emerged as a key focus for developers. Strategies such as energy-efficient buildings and eco-friendly public spaces are helping reduce environmental impact while creating more sustainable and livable urban areas. This push for...
The onset of economic reforms and foreign investment in the 1980s spurred commercial and residential property development in the country, marked by increased competition and diversification of the property sector. Single-use property developments have evolved to mix-use properties since the 1990s...
