Two Global Center News Today

The Andrew Tan Group’s MREIT Inc. is looking to diversify its asset portfolio by infusing its lifestyle malls into the company.

MREIT Inc., the Andrew Tan-led real estate investment trust, reported a distributable income of P2.5 billion last year, more than double the P1.1 billion recorded in 2021.

MREIT noted that the properties up for acquisition have an occupancy rate of 96%.

Megaworld Corp.-sponsored MREIT Inc. will acquire P5.3-billion prime PEZA-accredited office properties in the cities of Taguig and Iloilo to further expand its portfolio. The company said Monday that it has secured the approval of the Securities and Exchange Commission for the buyout covering Festive Walk 1B and Two Global Center in Iloilo Business Park and

The Securities and Exchange Commission has approved the property-for-share swap plan of MREIT Inc. and its sponsor Megaworld Corp.

MREIT Inc., the real estate investment trust (REIT) of tycoon Andrew Tan, is on track to completing its planned acquisitions.

MREIT Inc., the real estate investment trust company of Megaworld Corp., registered a net income of P1.9 billion in the January to September period, up from P807 million recorded a year ago.

MREIT Inc., the real estate investment trust company of Andrew Tan-led Megaworld, continues to expand and elevate its portfolio after recently acquiring an additional four prime properties worth P5.3 billion.

MREIT Inc., the REIT company of the country’s largest office landlord Megaworld, registered distributable income amounting to P639 million for the first quarter of 2022.

MREIT Inc., the REIT company of Megaworld, has declared dividends of P0.243 per share payable on May 31 to stockholders on record as of May 10, 2022.