Tag: MREIT

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MREIT targets million-square-meter portfolio ahead of schedule  

Property Context.ph Context.ph -
Megaworld-backed MREIT is accelerating its expansion plans, with the company aiming to grow its gross leasable area (GLA) portfolio to at least one million square meters by 2027 — three years ahead of its original target.

Megaworld raises P1.27B via MREIT shares sale

Property Context.ph Context.ph -
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.

Wave 4 portfolio bolster MREIT profit momentum

Corporate Context.ph Context.ph -
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.

MREIT secures SEC nod for  P16.2B expansion

Property Context.ph Context.ph -
MREIT, Inc., the real estate investment trust of Megaworld Corp., has received approval from the Securities and Exchange Commission for its Wave 4 property-for-share swap, clearing the way for a major portfolio expansion in McKinley Hill.

Megaworld sells MREIT shares, raise fresh capital

Corporate Context.ph Context.ph -
Megaworld Corp., the property development arm of billionaire Andrew Tan, raised fresh capital after selling a portion of its holdings in real estate investment trust, MREIT Inc., through a block sale that raised P945 million.
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CAB lowers fuel surcharges; cheaper airfares from July 16–31

Transport & Logistics 0
Air passengers will get cheaper tickets from July 16 to 31, as the Civil Aeronautics Board (CAB) cuts fuel surcharges amid falling global jet fuel prices. Rates drop to Level 8 from the earlier Level 9, with domestic passenger surcharges at ₱253 to ₱787, and international rates at ₱835.05 to ₱6,208.98. Cargo fees will range from ₱1.30 to ₱3.80 per kg domestically and ₱4.29 to ₱131.92 per kg internationally.

Manulife PH names new executive

Corporate Bulletins 0
Manulife Philippines has appointed Erwin Go as chief corporate solutions and alternative distribution officer, and he will join the company’s executive committee. Go will lead strategy for group insurance, partnerships, and new distribution channels as the firm expands growth options and improves experiences for clients and partners.

P&A Grant Thornton opens new office in Pampanga, expanding to Central Luzon

Corporate Bulletins 0
P&A Grant Thornton has launched its latest office in Clark Freeport Zone, Pampanga, extending its professional services to businesses across Central Luzon and supporting the region’s ongoing economic growth.

Vitarich charts long-term growth with renewed corporate purpose

Corporate 0
Vitarich Corp. is sharpening its long-term growth strategy after delivering stronger profitability in 2025, with the integrated poultry and animal nutrition company using organizational reforms to position itself for sustained expansion in the Philippine agribusiness sector.

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