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Megaworld raises ₱1.86 B via MREIT, Suntrust stakes
Manila Bulletin
|December 23, 2025
Top township developer Megaworld Corp. raised ₱1.86 billion through the sale of equity in its real estate investment trust (REIT) and its integrated resort subsidiary.
In a disclosure to the Philippine Stock Exchange on Monday, Dec. 22, Megaworld said the company sold 98 million shares of MREIT Inc. via a block sale at ₱13.5 apiece, generating ₱1.32 billion before taxes and fees.
Settlement for the transaction is scheduled for Dec. 23, 2025.
Megaworld said that it will submit a reinvestment plan detailing how the proceeds will be utilized, a requirement under the nation’s REIT laws.
Market analysts noted the MREIT sale likely serves as a tactical move to manage the trust’s public ownership levels.
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