Megaworld opens 3 more community malls

Property developer Megaworld Corp. has expanded its retail property footprint and source of recurring revenue with the opening of three new community malls in Makati and Alabang.

The three new community malls added about 26,500 square meters of retail space to Megaworld’s commercial leasing portfolio. The small malls are located at San Lorenzo Place and Three Central in Makati, and The Village Square in Alabang.

All these are neighborhood commercial centers that provide shopping necessities to those who live and work within the community, Megaworld said in a statement.

Currently, Megaworld has 17 full-scale and community malls under the Megaworld Lifestyle Malls brand across the country.—DORIS DUMLAO-ABADILLA