Tag: MREIT

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Wave 4 portfolio bolster MREIT profit momentum

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

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

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.

MREIT distributable income rises 18% in 2025

MREIT, Inc., the real estate investment trust of Megaworld Corp., saw distributable income climbing 18 percent to P3.7 billion last year from 2024, lifted by higher occupancy and sustained leasing momentum.

Megaworld raises P1.86B from stakes sale

Megaworld Corp. cashed in on two portfolio investments, raising a combined P1.86 billion and boosting fresh capital for the listed property arm of billionaire Andrew Tan.

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DMCI sets 2027 launch for Batangas beach resort

DMCI Homes is targeting a February 2027 opening for Solmera Beach Park Resort in San Juan, Batangas, as it expands into large-scale leisure and events-driven tourism developments outside Metro Manila.

FWD rolls out FutureSure amid financial uncertainty

FWD Philippines has launched a new savings and protection product aimed at helping Filipinos secure long-term financial goals amid rising living costs and market volatility.

PH designers win big at global AYDA Awards 

Filipino design talent made a strong mark on the international stage after the Philippines secured two top honors at the AYDA International Awards 2025–2026, underscoring the country’s rising influence in globally competitive, socially driven design.

Japan visa fee hike unlikely to slow Filipino travel demand

The Philippine Travel Agencies Association (PTAA) expects the planned increase in Japan visa fees to have minimal impact on Filipino outbound travel, citing sustained strong demand and a preference for convenience over cost among travelers.

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