Tag: MREIT

Browse our exclusive articles!

MREIT bulked up with prime offices

Corporate Context.ph Context.ph -
MREIT, Inc., the real estate investment trust of Megaworld Corp., is expanding its footprint after its board approved the infusion of nine Grade A office buildings through a property-for-share swap valued at P16.22 billion.

Capital boost sets stage for MREIT expansion

Markets Context.ph Context.ph -
MREIT, Inc., the real estate investment trust of Megaworld Corp., has secured regulatory approval to raise its authorized capital stock (ACS) to P8 billion from P5 billion, clearing a major hurdle as it gears up for its next round of property infusions.

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...

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...

Megaworld reinvests P2.21B in MREIT projects

Corporate Context.ph Context.ph -
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.
12Page 1 of 2

Popular

Cisco and NVIDIA make AI infrastructure practical 

Communications & Technology 0
If artificial intelligence has spent the last two years as corporate theater with lavish pilots and cautious applause, then Cisco and NVIDIA are now selling the stage itself.

The Days Ahead

Opinion 0
Several things have changed over the past month. The global economy is now poised to face another severe slowdown and rising inflation as a result of the Middle East conflict. While the impact on countries may differ in magnitude, the oil supply shock will squeeze economic activity and raise prices significantly.

Grab expands electric taxi rollout nationwide push

Transport & Logistics 0
Grab Philippines is accelerating its shift to eco-mobility, expanding the rollout of its GrabTaxi Electric service as electric vehicle (EV) adoption gains momentum across the country.

Shopee expands MSME roadshow to regions

Communications & Technology 0
Shopee is expanding its Tatak Pinoy MSME Roadshow across more provinces in the Visayas and Mindanao, scaling up a nationwide push to deliver digital skills training to underserved entrepreneurs.

Subscribe

spot_imgspot_img