Friday, 31 October 2025, 11:02 am

    Tag: Megaworld

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    Megaworld reinvests P2.21B in MREIT projects

    Megaworld Corp., the property arm of billionaire Andrew Tan, announced it will reinvest P2.21 billion into township development projects under its real estate investment trust (REIT) vehicle, MREIT Inc. The move follows the sale of 168.6 million MREIT common shares, averaging P13.28 per share, which generated the reinvestment proceeds.

    Megaworld raises P2.24B from sale of MREIT shares

    Megaworld Corp., the listed property development business of billionaire Andrew Tan, said it has sold 168.6 million ommon shares of its sponsored retail estate and investment trust, MREIT Inc., in a block sale transaction that raised around P2.24 billion before fees and taxes.

    Megaworld expands retail footprint 

    Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is accelerating the expansion of its retail and commercial portfolio, adding over 30,000 square meters of new space this year through its retail arm, Megaworld Lifestyle Malls. 

    EEI wins P19.1B worth of new projects

    EEI Corp., one of the country’s leading construction firms, announced a major boost in its third-quarter project acquisitions for 2025, securing contracts worth a total of P19.1 billion, a significant turnaround from last year.

    Alliance Global 1H profit soars on Megaworld gains

    Alliance Global Group Inc., the listed investment holding company led by tycoon Andrew Tan, reported a 60 percent surge in net income to P14.04 billion in the first half...

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    Philippine flavors shine under Michelin stars

    Nine restaurants across the Philippines have officially joined the...

    Ceb Pac leases Bulgaria Air to meet holiday travel surge

    Cebu Pacific announced on Thursday the damp lease agreement it signed with Bulgaria Air to boost its fleet during the peak travel season from December 2025 to January 2026.

    DA declares Bulacan avian influenza free

    Agriculture Secretary Francisco P. Tiu Laurel Jr. has officially declared the Province of Bulacan as free from highly pathogenic avian influenza, following effective containment of a confirmed outbreak in December 2024.

    AyalaLand Logistics’ 9-mo. profit drops on slower land sales

    AyalaLand Logistics Holdings Corp. (ALLHC), a subsidiary of Ayala Land Inc., reported an 86 percent drop in net income to ₱81 million for the first nine months of 2025, down from ₱617.5 million a year earlier, as demand for industrial land weakened.

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