Property

MREIT distributable income rises 18% in 2025

MREIT, Inc., the real estate investment trust of Megaworld Corp., saw distributable income climbing 18 percent to P3.7 billion last year from 2024, lifted by higher occupancy and sustained leasing momentum.

Movem, Rockwell power up Makati

Movem, the e-mobility arm of Manila Electric Co. (Meralco), has teamed up with Rockwell Property Management Corp. to launch five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center.

Pag-IBIG income hits P65.3B high

State-run Pag-IBIG Fund posted a record P65.28 billion in net income in 2025, riding on surging loan releases, record member savings, and stepped-up investments...

Radisson accelerates PH expansion with 18 hotels in pipeline

Radisson Hotel Group is expanding rapidly in the Philippines, with the country now making up 35 percent of its total growth in Southeast Asia-Pacific. The move highlights the company’s strong confidence in the Philippines’ long-term tourism potential and its importance to the group’s regional strategy.

New cross-bank auto-debit service debuts for property owners, tenants

The Bank of the Philippine Islands (BPI) and Ayala Land, Inc. (ALI) have rolled out the country’s first interoperable direct debit facility, allowing property buyers and tenants to automatically pay recurring obligations from any participating bank account.

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