Friday, 21 November 2025, 5:34 pm

    Tag: Megaworld

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    MREIT eyes retail expansion, portfolio doubling

    MREIT, Inc., the real estate investment trust (REIT) arm of property giant Megaworld Corp., is gearing up to double its gross leasable area (GLA) to 1 million square meters by 2027—this time by integrating retail and mall assets into its predominantly office-based portfolio.

    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.

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    Kaspersky urges PH companies to adopt “cyber immunity” amid rising attacks

    Global cybersecurity firm Kaspersky is calling on public and private organizations in the Philippines to move beyond traditional defenses and adopt “cyber immunity” — a security-by-design approach meant to keep systems resilient even when attacked.

    Robinsons Retail extends buyback with added funds

    Robinsons Retail Holdings Inc., the Gokongwei Group’s flagship retail arm, has extended its ongoing share buyback program and allocated an additional P2 billion to repurchase more of its shares, strengthening efforts to boost shareholder value five years after the initiative began at the height of the pandemic.

    BSP to launch book on lessons from major financial crises

    The Bangko Sentral ng Pilipinas (BSP) is set to release a new book next year titled “Risk and Resilience in the Philippine Financial System: How Much Has Changed?” The volume examines the major financial crises that have shaped the country’s financial system, the policy responses that followed, and the lessons these events left behind.

    Cebu, Tagum gain WASH facilities, training

    Manila Water Foundation (MWF), together with Cebu Water, Tagum Water, and local water districts, has strengthened its water, sanitation, hygiene (WASH), and sustainability programs in Cebu Province and Davao del Norte.

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