Megaworld, MREIT to complete P5.3-B asset infusion of offices

MANILA, Philippines  -Billionaire Andrew Tan’s Megaworld Corp. is set to complete a P5.3-billion asset infusion of Grade A offices into real estate investment trust (REIT) arm MREIT Inc., boosting the latter’s asset base and earnings. MREIT said in a stock exchange filing the transaction, announced nearly a year ago, will proceed after the Securities and … Continue reading Megaworld, MREIT to complete P5.3-B asset infusion of offices