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Tag: MREIT

MREIT secures SEC nod for P16.2-billion asset injection

MREIT Inc,, the real estate investment trust arm of Megaworld Corp, said it received approval from the Securities and Exchange Commission for a P16.2-billion...

Megaworld raises P945m from share sale

Megaworld Corp. raised P945 million from the sale of 70 million common shares of MREIT Inc. ahead of a planned asset infusion, the company...

MREIT to acquire up to 750,000 sqm of assets including malls

MREIT Inc., the real estate investment trust of Megaworld Corp., is preparing to acquire between 100,000 and 750,000 square meters of new assets to...

MREIT to acquire P16.22 billion in office buildings from Megaworld

MREIT Inc. is acquiring P16.22 billion worth of office assets from its parent firm Megaworld Corp. through a share-for-property swap, the company said in...

Megaworld plans to inject mall assets into MREIT by 2026

Megaworld Corp. plans to infuse retail assets into its real estate investment trust MREIT Inc. by the second half of 2026 as part of...

MREIT boosts capital for portfolio expansion with SEC approval

The Securities and Exchange Commission (SEC) has approved MREIT Inc.'s plan to raise its authorized capital stock to P8 billion from P5 billion, the...

MREIT distributable income climbs 29% on acquisitions, expansion plans

MREIT Inc., the real estate investment trust of property developer Megaworld Corp., said Wednesday that its distributable income surged 29 percent year-on-year to P935...

Megaworld to reinvest P3.4b from MREIT share

Property developer Megaworld Corp. said Monday it will reinvest about P3.4 billion in proceeds from recent block sales of MREIT Inc. shares into the...

Megaworld sells P2.2-billion shares in MREIT

Megaworld Corp. said Thursday it sold 168.63 million common shares of real estate investment trust company MREIT Inc. for P2.239 billion. The shares were sold...

Megaworld sells P1.17 billion worth of shares in MREIT

Property developer Megaworld Corp. said Monday it raised P1.17 billion from the sale of 84.8 million common shares in real estate investment trust company...

Megaworld completes transition of properties to 100% renewables

Megaworld Corp. has completed its transition to 100 percent renewable energy for all company-owned offices, hotels, lifestyle malls, and residential properties, the company said...

MREIT announces key appointments

MREIT, Inc., the real estate investment trust of pioneering township developer Megaworld Corporation, appointed Kevin Tan as the company’s new chairman of the board...

MREIT posted 26% income growth in Q1

MREIT Inc., the real estate investment trust of Megaworld Corp., posted a strong first-quarter in 2025, with net distributable income rising 26 percent to...

Megaworld’s MREIT reports 12% income growth to P3.2b

MREIT Inc., the real estate investment trust of Megaworld Corp., said its distributable income for 2024 reached a record P3.2 billion, up 12 percent...
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