Tag: MREIT

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Megaworld raises P2.24B from sale of MREIT shares

Property Context.ph Context.ph -
Megaworld Corp., the listed property development business of billionaire Andrew Tan, said it has sold 168.6 million ommon shares of its sponsored retail estate and investment trust, MREIT Inc., in a block sale transaction that raised around P2.24 billion before fees and taxes.
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Bond bonanza gives Filinvest fresh firepower

Corporate 0
Filinvest Land Inc. (FLI) has secured fresh ammunition for its expansion plans after raising P9 billion from a retail bond offering that drew overwhelming investor demand, underscoring confidence in the property developer's ability to navigate a challenging real estate market. 

Oracle’s surge bolsters fortune of Larry Ellison

Communications & Technology 0
Oracle shares surged nearly 8 percent on Monday as investors doubled down on a powerful Wall Street wager that the artificial intelligence boom will require vast amounts of cloud capacity and computing power. 

Marcos clears new investment roadmap for AI, data centers

Top News 0
President Ferdinand R. Marcos Jr. has approved the 2026 Strategic Investment Priority Plan (SIPP), a revamped roadmap that expands tax incentives for high-value industries ranging from artificial intelligence and cybersecurity to electric vehicle infrastructure and critical minerals processing.

Keen & Worth eyes 2027 turnover for Ongpin Tower

Property 0
Keen & Worth Property Developers Inc. is gearing up for the 2027 completion of its flagship project, Ongpin Tower, as it seeks to establish itself as a new player in the country’s high-end residential market.

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