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Megaworld profit up 16%

MEGAWORLD Corp. grew its attributable profit by 16% in the first quarter of 2019, driven by the strong performance of its residential, leasing, and hotel businesses.

Hotel opens in Manila’s Chinatown

MEGAWORLD Corp. launched its eighth hotel property, Hotel Lucky Chinatown, located in Binondo, Manila.

Megaworld increases capex for Maple Grove township in Cavite

TYCOON Andrew L. Tan’s Megaworld Corp. is hiking the capital spending for its 140-hectare Cavite township to P15 billion, as the company pursues more vertical projects to take advantage of strong demand in the area.

Megaworld and BCDA to jointly manage Bonifacio Capital District

MEGAWORLD CORP. has partnered with the Bases Conversion and Development Authority (BCDA) for the property management of the 160-hectare Bonifacio Capital District (BCD) in Taguig City.

Megaworld gets Iloilo City council nod on transport hub proposal

THE ILOILO City council has approved Megaworld Corp.’s proposal to build and operate a transport hub within its 72-hectare Iloilo Business Park in the Mandurriao district.

Megaworld to spend P20B for township

MEGAWORLD CORP. will be spending P20 billion over the next 10 years to develop its newest township in Cainta, Rizal, as the property giant targets to have a total of 30 townships under its portfolio in the next two years.

Megaworld eyes P18-billion sales from two condos

MEGAWORLD CORP. expects two new residential condominiums within its Parañaque City township to generate P18 billion in sales.

Megaworld wants to expand WeWork facilities to its townships

MEGAWORLD Corp. plans to bring New York-based workspace operator WeWork into its townships in the country, where it could cater to the needs of start-ups, micro, small, and medium enterprises, as well as freelancers.

Megaworld expects P1.5 billion in sales from Bacolod tower

MEGAWORLD Corp. targets to book P1.5 billion from the sale of units in its second residential tower within The Upper East township in Bacolod.

Megaworld to add 2 more towers in Pasig township

MEGAWORLD Corp. has sold 60% of the units of its P4-billion residential condominium in Arcovia City, spurring plans to launch two more towers within the township in Pasig City.

Megaworld to add 54,000 square meters of retail space this year

MEGAWORLD Corp. is scheduled to open 11 commercial properties this year, as it continues to expand its network of lifestyle malls in the country.

Megaworld hikes capex by 8% to P65B

MEGAWORLD CORP. is allocating P65 billion for capital expenditures (CAPEX) this year, as the property developer continues expanding its residential, office, and mall projects across the country.

Megaworld to sell office spaces in Cavite township

MEGAWORLD Corp. expects to generate P1.5 billion from the sale of office spaces at a building within its Maple Grove township in General Trias, Cavite.

Megaworld earnings jump in 3rd quarter

MEGAWORLD Corp. grew its attributable profit by 14% in the third quarter of 2018, driven by the double-digit expansion of both its residential and leasing businesses.

Megaworld eyes P700 million from Cavite condo project

MEGAWORLD Corp. expects to generate around P700 million in sales from its first residential condominium inside its Maple Grove township in General Trias, Cavite.

Megaworld adds 3rd hotel to Iloilo Business Park

MEGAWORLD Corp. is continuing to expand its homegrown hotel brand, as it revealed plans to open a Belmont Hotel within the Iloilo Business Park in Mandurriao, Iloilo City.

Megaworld eyes P10-B sales from 4th condo in Uptown Bonifacio

MEGAWORLD Corp. expects to generate P4 billion in sales from its fourth residential condominium in Uptown Bonifacio, banking on its prime location in the growing financial district in Taguig.

Megaworld allots P35 billion for Pasig township

MEGAWORLD Corp. will be spending P35 billion to develop its township in Pasig City called Arcovia City, launching the first condominium to rise in the property.

Megaworld allocates P500M for Bacolod hotel

MEGAWORLD Corp. continues the expansion of its hospitality business with the development of a P500-million luxury boutique hotel within its Bacolod City township.

Megaworld plans P500-M boutique hotel in Bacolod township

MEGAWORLD Corp. said it will be building a P500 million luxury boutique hotel in The Upper East Township, its 34-hectare property in Bacolod City, set to open by 2022.

Megaworld to build JPMorgan headquarters in Fort Bonifacio

MEGAWORLD Corp. is building an office tower for JPMorgan Chase Bank, N.A. in Fort Bonifacio, as the global banking and financial services provider consolidates its presence in the country.

Megaworld building office tower for JP Morgan Chase

Megaworld Corp. is building an office tower for global banking and financial services provider JPMorgan Chase Bank, N.A. in Fort Bonifacio, as the multinational...

Megaworld expands Iloilo condo project

MEGAWORLD CORP. is expanding its residential offerings in Iloilo Business Park in Mandurriao, Iloilo, with the launch of another condominium tower.

Megaworld earnings rise 14% in 2nd quarter

MEGAWORLD Corp. grew its attributable profit by 14% in the second quarter, driven by its residential, office, and mall properties alongside the acceleration of its hotel business.

Megaworld nets higher profit in second quarter

Megaworld Corp. grew its attributable profit by 14% in the second quarter of 2018, driven by its residential, office, and mall properties alongside the...

Megaworld to invest P28B in first Bacolod township

MEGAWORLD CORP. is investing P28 billion over the next 10 years to develop its first integrated township in Bacolod City, which is being positioned as a new business district.

Megaworld to invest P28 billion in Bacolod township development

Megaworld Corp. is investing P28 billion over the next 10 years to develop its first integrated township in Bacolod City, which is being positioned...

Megaworld to launch second residential tower in Taguig

MEGAWORLD Corp. is unveiling a second residential tower worth P7 billion in sales within its Taguig township, after quickly selling out the first phase of the Park McKinley West project this month.

Megaworld to launch Taguig residential tower this month

Megaworld Corp. is unveiling a second residential tower worth P7 billion in sales within its Taguig township, after quickly selling out the first phase...

New malls expand Megaworld retail space portfolio

MEGAWORLD Corp. recently opened three new community malls in Makati City and Alabang, adding 26,500 square meters (sq.m.) of retail spaces to its portfolio.

Megaworld acquires South Luzon-based company

MEGAWORLD Corp. is ramping up its land bank in Cavite and Laguna with the acquisition of a South Luzon-based real estate firm through one of its subsidiaries.

Megaworld opens 1st lifestyle mall in VisMin

MEGAWORLD Corp. is continuing to expand outside of Metro Manila, as it opened its first lifestyle mall in the Visayas and Mindanao region.

GERI to open P1.5-billion Tagaytay hotel by end of this year

Global-Estate Resorts, Inc. (GERI) is on track to open the P1.5-billion Twin Lakes Hotel in Tagaytay by the end of this year, it said...

Megaworld eyes P1B from Upper West Side-inspired project

MEGAWORLD Corp. targets to book P1 billion in sales from its first residential project in its Pampanga township, banking on the province’s growth potential in the coming years.

Megaworld eyes P1 billion in sales from Chelsea Parkplace

Megaworld Corp. targets to book P1 billion in sales from its first residential project in its Pampanga township, banking on the province’s growth potential...

Megaworld eyes P6.5-B sales from Bonifacio project

MEGAWORLD Corp. is targeting young professionals and executives for its third residential tower inside its McKinley West township in Fort Bonifacio, Taguig City, looking to generate P6.5 billion in sales from the project.

Megaworld eyes P1-billion sales from shophouse lots

MEGAWORLD Corp. expects to generate P1 billion from the sale of lots in the Shophouse District of its San Fernando, Pampanga township, disclosing on...

Megaworld expects P1 billion in sales from Pampanga township development

Megaworld Corp. expects to generate P1 billion from the sale of lots in the Shophouse District of its San Fernando, Pampanga township, disclosing on...

Megaworld, Robinsons Land post double-digit Q1 growth

PROPERTY firms in the country registered double-digit growth for the first quarter of 2018, buoyed by the generally positive prospects of the real estate...

Megaworld posts 11% profit growth in first quarter

Andrew L. Tan-led Megaworld Corp. posted an 11.3% increase in net income attributable to the parent to P3.2 billion during the first three months...

Megaworld $200-M senior note issue priced below guidance

MEGAWORLD Corp. has priced its $200-million fixed senior perpetual notes at 5.375%, below the initial price guidance of 6%, it told the stock exchange...

Megaworld to raise $200 million in perpetual notes

Megaworld Corp. will be raising $200 million through the issuance of perpetual senior notes in the offshore bond market to refinance existing debt. In a...

Megaworld planning offshore bond issuance

MEGAWORLD CORP. is planning to tap the offshore bond market, announcing on Monday a series of road shows in Singapore and Hong Kong. In a...

Megaworld holds 2018 capex steady at P60 billion

Megaworld Corp. is keeping its capital expenditures steady for 2018 after it booked a double-digit growth last year fuelled by the strong sales from...

Megaworld plans more museums for its townships

Megaworld Corp. plans to include museums in its integrated townships, in a bid to promote local culture and tourism which would, in turn, drive...