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MREIT targets 1 million sq.m. retail portfolio by 2027
September 30, 2025
|Business World Philippines
LISTED MREIT, Inc., the real estate investment trust of Megaworld Corp., is aiming to grow its portfolio to one million square meters (sq.m.) of gross leasable area (GLA) by 2027, betting on rising consumer activity.
In a stock exchange disclosure on Monday, the company said its long-term strategy includes the infusion of mall and retail assets to diversify its portfolio and capture growing consumer demand.
This, it added, complements MREIT's high-occupancy office assets.
"While the country is experiencing an impressive growth in consumer activities, we want to tap into these opportunities. This will enable us to deliver both growth and diversification, keeping our portfolio resilient and relevant for the years ahead," MREIT Chairman Kevin L. Tan said.
هذه القصة من طبعة September 30, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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