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...
The Securities and Exchange Commission (SEC) has approved the acquisition by MREIT Inc., the real estate investment trust of township developer Megaworld Corporation, of six prime PEZA-accredited office properties worth P13.15 billion. In a disclosure to the Philippine Stock Exchange...
MREIT Inc., the real estate investment trust of Megaworld Corporation is seeking to diversify its portfolio to include retail spaces as part of its aim to expand its assets to one million square meters of gross leasable area by 2030. MREIT President and CEO Kevin L. Tan“We will begin to...
MREIT, Inc., the real estate investment trust of the country’s largest office landlord Megaworld Corporation, is acquiring six office properties with a total value of P13.15 billion. In a statement, MREIT said that, upon the approval of the Securities and Exchange Commission (SEC), the...
Tycoon Andrew Tan’s township developer Megaworld Corporation has raised P500 million from the sale of shares in its real estate investment trust MREIT Inc.In a disclosure to the Philippine Stock Exchange, Megaworld said it sold 40.65 million MREIT common shares under a block sale transaction at an...
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 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 the...
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), the...
Property and spirits magnate Andrew Tan’s real esate investment trust MREIT, Inc. improved its distributable income by 12 percent to P1.4 billion during the first half of 2023.In a disclosure to the Philippine Stock Exchange, the Megaworld-sponsored REIT said its revenues grew by 15 percent to...
MREIT declares P614-M Q4 cash dividend
By JAMES A. LOYOLA
MREIT, Inc., the real estate investment trust company of Megaworld Corporation, declared a P614.28-million cash dividend equivalent to P0.2428 per share to its shareholders based on its distributable income in the fourth quarter of...
MREIT Inc., the real estate investment trust sponsored by Megaworld Corporation, is looking to grow its portfolio to 500,000 square meters in gross leasable are (GLA) by the end of 2024 by acquiring various assets from its sponsor as well as other developers.
In a disclosure to the Philippine...
MREIT, Inc. reported a 147 percent surge in attributable net income to P1.99 billion in the first nine months of 2022 from P807 million in the same period last year after it expanded its portfolio.
In a disclosure to the Philippine Stock Exchange, the real estate investment trust of Megaworld...
