Tag: MREIT

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Megaworld raises P516.5 million through MREIT block sale

Corporate Context.ph Context.ph -
Megaworld Corp. has raised about P516.49 million after selling 37.7 million shares in MREIT Inc. through a block sale, a move that provides fresh capital while maintaining the property giant's ability to recycle investments.

Megaworld-led share swap deal targets income growth

Property Context.ph Context.ph -
Megaworld Corp., along with Travellers International Hotel Group, Inc. (TIHGI) and Southwoods Mall, Inc. (SMI), has signed a Memorandum of Understanding (MOU) with listed real estate investment trust MREIT, Inc. to pursue a strategic property-for-share swap. 

MREIT sale fuels Megaworld township expansion

Property Context.ph Context.ph -
MREIT Inc., a real estate investment trust, is channeling P1.26 billion into township expansion projects across Cebu, Palawan, Bacolod, and Pasig City, as sponsor Megaworld Corp. moves to recycle capital from a recent share sale into fresh property developments and debt reduction.

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.
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Pepsi-Cola Philippines expands soda lineup

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Pepsi-Cola Products Philippines, Inc. (PCPPI) is growing its beverage range with the expanded Lipton Soda line—a sparkling tea that blends the well-known taste of Lipton iced tea with the light fizz of soda for a fun, refreshing experience.

PLDT Home brings fiber connectivity to Camotes Island

Communications & Technology 0
PLDT Home has expanded its fiber network to Camotes Island, delivering reliable broadband to communities across San Francisco, Poro and Tudela. Known as the “Lost Horizon of the South,” the island is a popular tourist spot famed for its beaches and natural scenery.

Foreign dent rises to $155 billion as officials reassure economic stability 

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The Philippines reported total external debt climbing to $154.93 billion as of end-June 2026, marking a notable jump from the $147.35 billion recorded just three months earlier. The increase brings the country's foreign obligations to 31.6 percent of its gross domestic product, up from 30.0 percent in the previous quarter, as borrowing outpaced overall economic growth during the period.

BSP flags MSME credit gap as loans reach P580B

Banking & Insurance 0
The Bangko Sentral ng Pilipinas is pushing to close a persistent financing gap for micro, small and medium enterprises, with bank loans to the sector reaching more than P580 billion but accounting for only about 6 percent of total business lending.

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