Tag: Megaworld

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Core businesses drive Megaworld 9-month profit to  P18B

Property Context.ph Context.ph -
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, reported a 14 percent increase in net income to nearly P18 billion for the first nine months, driven...

MREIT to hike capital to P8B for expansion

Corporate Context.ph Context.ph -
MREIT Inc., the real estate investment trust of billionaire Andrew Tan, has filed an application with the Securities and Exchange Commission to raise its...

Megawide wins multi-billion-peso contracts from Megaworld

Corporate Context.ph Context.ph -
Megawide Construction Corp. has secured two new multi-billion-peso contracts from property giant Megaworld Corp. to build residential towers in two of its township developments in Metro Manila, cementing their long-standing partnership.

Megaworld to reinvest MREIT proceeds in townships

Corporate Context.ph Context.ph -
Property developer Megaworld Corp. is set to reinvest approximately P3.4 billion in proceeds from its recent MREIT, Inc. share sales into expanding three of...

MREIT eyes retail expansion, portfolio doubling

Corporate Context.ph Context.ph -
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.
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SEC revokes registration of Delisha Lending for regulatory breaches

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The Securities and Exchange Commission (SEC) has cancelled the corporate registration and lending license of Delisha Lending Investor and Trading Corp. due to repeated non-compliance and undisclosed operation of online lending platforms.

RLC infuses six properties worth ₱10.62 billion into REIT

Property 0
Robinsons Land Corporation (RLC), led by the Gokongwei group, will inject six of its shopping mall properties collectively valued at ₱10.62 billion into its real estate investment trust, RL Commercial REIT Inc. (RCR).

DMCI to open Batangas resort early next year

Corporate 0
DMCI Homes Inc. on Tuesday said it is opening its resort in San Juan in Batangas by February next year, positioning it as a beachfront destination that brings together leisure amenities and facilities for business and social events within a single integrated resort.

DICT rolls out digital IDs for delivery riders under new licensing system

Communications & Technology 0
The Department of Information and Communications Technology (DICT) has launched digital identification for delivery personnel to boost consumer protection, curb fraud, and formally recognize legitimate workers.

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