Monday, 23 June 2025
13 May 2025
3:34PM
AREIT earnings surge 43 percent in Q1 as infused Ayala Land assets boost growth
AREIT Inc. reported a 43 percent rise in net income to P2.1 billion in the first quarter of 2025, fueled by newly infused high-value commercial properties from Ayala Land and its subsidiaries.
8 May 2025
6:08PM
‘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.
4 Apr 2025
10:45AM
Robinsons Land sells REIT unit shares at 5.7% discount, raising P6.2B
Robinsons Land Corp. (RLC) has raised P6.21 billion by selling over 1.04 billion shares in RL Commercial REIT, Inc. (RCR) at P5.95 each, a 5.7 percent discount from RCR’s closing price the previous day.
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 Dec 2024
3:51PM
Filinvest Land completes tender offer, boosts REIT potential
Filinvest Land Inc. (FLI), led by the Gotianun family, has completed its capped tender offer, swapping 1.87 billion FLI shares for 597.1 million Filinvest REIT Corp. (FILRT) shares.
6 Nov 2024
3:55PM
Gokongwei’s RCR grows revenue by 41%, boosted by major asset infusion
Gokongwei-led RL Commercial REIT Inc. (RCR), the Philippines’ largest real estate investment trust by geographic reach, reported a 41-percent revenue increase to P5.74 billion for the first nine months of 2024, boosted by asset infusions and strong occupancy rates.
2 Nov 2024
12:00AM
SM Prime CEO: Mega IPO ‘not top of the list,’ developer has other funding options
By: Miguel R. Camus
SM Prime Holdings is in no rush to list its shopping mall assets in what could be the country’s largest initial public offering (IPO), as president Jeffrey Lim said the real estate giant has alternative funding sources to bankroll its expansion.
18 Oct 2024
2:40PM
Robinsons Land sells P1.87-B REIT shares at discount, boosts RCR's public float
Gokongwei-led property giant Robinsons Land Corp. (RLC) completed an overnight block placement of its shares in RL Commercial REIT Inc. (RCR) on Friday.
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.
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