Property
MREIT secures SEC nod for P16.2B expansion
MREIT, Inc., the real estate investment trust of Megaworld Corp., has received approval from the Securities and Exchange Commission for its Wave 4 property-for-share swap, clearing the way for a major portfolio expansion in McKinley Hill.
DM Wenceslao raises dividend to record high
D.M. Wenceslao & Associates Inc. (DMW) has approved a regular cash dividend of P0.10 per share, marking its highest payout to date and delivering more than 5 percent growth year-on-year as the listed property developer underscores financial resilience and shareholder returns.
Rockwell raises P10B in bond market comeback
Rockwell Land Corporation has returned to the debt market with a P10 billion bond issuance—its first since 2013—drawing strong demand and signaling renewed investor confidence in the premium developer.
Iloilo cites market redevelopment as boost to local economy
The Iloilo local government has highlighted the redevelopment of its public markets as a key driver of the city’s growth.
SM Prime expands Mindanao retail footprint
SM Prime Holdings Inc., the property development arm of the Sy Group, is continuing its expansion in Mindanao, opening SM City Zamboanga on March 20 as its 90th mall nationwide and eighth in the country’s southern region.
