Property giant Megaworld Corp.’s resort arm is adding high-end inventory to its Batangas pipeline in a bid to lift future sales from leisure real estate.
Megaworld’s pivot toward townships outside Metro Manila reflects shifting demand patterns as businesses, residents, and tourists increasingly look beyond the capital for growth opportunities. The strategy also supports the company’s recurring income pipeline, especially through future asset infusions into its real estate investment trust, MREIT Inc.
Tycoon Kevin Tan-led Megaworld Corp. will roll out artificial intelligence-powered residential units in the Philippines this year, moving beyond basic smart-home features to system-level automation built into developments from the outset.
Two Coca-Cola companies in the Philippines are relocating their offices to Uptown Bonifacio, reinforcing the township’s growing reputation as a magnet for Fortune 500 firms and global multinationals.
CEBU CITY—Delegates to next week’s Association of Southeast Asian Nations (ASEAN) Tourism Forum (ATF) will be the first to experience the aesthetics and facilities of a new convention center that celebrates Cebuano identity.
Tycoon Kevin Tan-led Megaworld Corp. has tapped veteran convention and exhibitions executive Louella Caridad to lead its new events business, a fresh revenue play tied to tourism inside its townships.
Tycoon Kevin Tan-led Megaworld Corp.’s push into the high end could soon deliver P10-P20 billion in annual sales, an earnings lever that could help offset softer conditions in the broader property market.
Megaworld has pulled off a quiet but consequential coup in the property sector, luring a senior executive from Ayala Land in a move that underscores how serious Andrew Tan’s group is about scaling up its office business outside Metro Manila.