MREIT

5 days ago

‘Solid start to the year’: Kevin Tan hails growth as MREIT income rises 26% in Q1 2025

MREIT, Inc., the real estate investment trust arm of Megaworld Corporation, delivered strong first-quarter results as distributable income surged 26 percent year-on-year to P932 million.

1 Mar 2025

2:00PM

Kevin Tan's MREIT ends 2024 with 37% earnings jump, eyes bigger growth

MREIT, Inc., the real estate investment trust of Megaworld Corp., ended 2024 with strong momentum, signaling even bigger expansion ahead as it moves toward its long-term goal of one million square meters of gross leasable area by 2030.

11 Oct 2024

9:22AM

SEC clears P13-B MREIT asset injection, boosting earnings starting Q4

Tycoon Kevin Tan-led MREIT Inc., the REIT arm of Megaworld Corp., received the SEC's approval to acquire six Peza-accredited properties worth P13.15 billion.

13 May 2024

9:58AM

Kevin Tan-led MREIT expands portfolio with P13.15 billion acquisition of 6 office projects

By: Miguel R. Camus

Tycoon Kevin Tan-led MREIT Inc. announced plans to buy six office properties worth P13.15 billion from parent firm Megaworld Corp. This will upsize its portfolio by 48 percent to 482,000 square meters.

23 Apr 2024

9:18AM

Tycoon Andrew Tan’s Megaworld Corp. boosts investments in Cebu, Pasig, and Bacolod

By: Miguel R. Camus

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.

19 Apr 2024

5:07PM

Megaworld’s P500 million stake sale in MREIT to fund expansion

By: Miguel R. Camus

Billionaire Andrew Tan’s Megaworld Corp. received a P500 million boost to support expansion after selling a 1.5 percent stake real estate investment trust subsidiary MREIT Inc.

18 Apr 2024

4:18PM

Megaworld announces P500 million block sale of MREIT shares

By: Miguel R. Camus

Billionaire Andrew Tan’s Megaworld Corp. announced a P500 million block sale of shares at real estate investment trust subsidiary, MREIT Inc.