MREIT Inc. is accelerating its expansion plans, securing early regulatory approval for a P16.2 billion asset infusion that strengthens its push for higher and more predictable dividend growth.
Property giant Megaworld Corporation is ramping up its push into the meetings, incentives, conventions and exhibitions (MICE) tourism market with the opening of the Mactan Expo inside its 30-hectare The Mactan Newtown township in Lapu-Lapu City.
Tycoon Kevin Tan-led Megaworld Corp. closed 2025 with record earnings of P24 billion, up 11 percent year on year, as its bet on recurring leasing income cushioned a still uneven property market and widened profit growth beyond topline gains.
Megaworld’s swift Embassy Hills success is propelling the developer toward a second ultra-luxury play, with industry insiders pointing to a coveted island setting.
Megaworld Corp. will invest about P10 billion to build new lifestyle malls across its township projects from 2025 to 2026 as it expands retail space toward a one-million-square-meter portfolio target by 2030.
Construction of the Metro Manila Subway has reached Bonifacio Global City, with President Ferdinand Marcos Jr. leading the groundbreaking of the Kalayaan Avenue station inside Megaworld Corp.’s Uptown Bonifacio township.
Megaworld Corp. secured a second straight spot in TIME Magazine’s Best Companies Asia-Pacific list, underscoring its rising regional standing among the region’s largest and fastest-growing firms.