Tycoon Andrew Tan’s property giant Megaworld Corp. will open four more townships this year to end with 35 integrated estates as it celebrates its 35th anniversary.
Tycoon Andrew Tan’s Megaworld Corp. is boosting investments in Cebu, Pasig and Bacolod after raising P500 million from the sale of shares in subsidiary MREIT Inc.
Tycoon Andrew Tan’s Global Estate Resorts Inc. (GERI), a subsidiary of Megaworld, reported a net income of P2.1 billion in 2023, up slightly due to a shift from higher-margin horizontal to vertical residential projects.