Thursday, 26 February 2026, 11:59 am

    Megaworld earning up in 2025 on township growth

    Megaworld Corp., the listed property development company of billionaire Andrew Tan, posted record net income of P24 billion in 2025, up 11 percent year-on-year, driven by strong residential sales, leasing growth, and expansion of its recurring income portfolio. 

    Consolidated revenues reached nearly P86 billion, up 5 percent from P81.7 billion, underscoring the resilience of Megaworld’s integrated township business model.

    for 2026, Megaworld plans roughly P65 billion in residential launches and recently inaugurated its 37th township, The Sugartown, in Talisay City, Negros Occidental, expanding its provincial footprint. The company also targets 2 million square meters of office and 1 million square meters of retail gross leasable area by 2030, emphasizing long-term recurring income growth.

    Leasing remained a key growth driver in 2025, with office leasing under Megaworld Premier Offices grew 11 percent to P14.9 billion, fueled by new assets, rental escalations, and sustained demand from BPOs and multinational tenants. The company recorded over 330,000 square meters of office transactions, with more than half coming from new leases, signaling both tenant retention and portfolio resilience. 

    Retail leasing also performed well, with Megaworld Lifestyle Malls posting P6.9 billion, up 9 percent, while average daily foot traffic hit a record 297,000, surpassing pre-pandemic levels. New retail space totaling 64,000 square meters further strengthened the portfolio.

    Hotels and resorts contributed P5.6 billion in revenues, up 9 percent, aided by higher room rates and new properties, including the Grand Westside Hotel, set to become the world’s largest Mövenpick property. Real estate sales reached P51.8 billion, anchored by projects in Uptown Bonifacio, McKinley West, Westside City, ArcoVia City, Northwin Global City, and Iloilo Business Park.

    CEO Lourdes Gutierrez-Alfonso said the results in 2025 highlight the strength of Megaworld’s diversified township portfolio and set the stage for further expansion in high-growth markets.

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