Tag: Megaworld

Megaworld Corp., the listed property development arm of billionaire Andrew Tan, has raised about P1.27 billion from a block sale of shares in MREIT Inc., as it continues to recycle capital and fund ongoing developments.

Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is expanding its footprint in northern Luzon with plans for a flagship beach club inside its 84-hectare, P15-billion Ilocandia Coastown, signaling a shift from simply selling seaside homes to curating an entire coastal lifestyle.

MREIT Inc., the real estate investment trust arm of Megaworld Corp., posted its strongest quarterly performance to date in the first quarter, as a recently completed acquisition and improved operating efficiency combined to drive broad based growth in earnings, revenues, and margins.

Megaworld Corp., the listed property development arm of tycoon Andrew Tan, said it is set to turn over about P21 billion worth of major properties this year as it accelerates development across its township portfolio nationwide.

Megaworld Corp., the property development arm of tycoon Andrew Tan, has strengthened its position as the country’s leading developer of green office spaces after securing another sustainability certification for its growing portfolio.