Megaworld

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Retail Asia12/09/2017

Property developer Megaworld Corp says it plans to open 13 malls in the next three years in line with its target to hit 28 by 2020. It already has 13 malls across the Philippines, with Southwoods Mall about to open in Laguna. Megaworld Lifestyle Malls head/senior VP Kevin Tan says the Southwoods Mall covers 58,000sqm […]

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Retail Asia17/08/2017

Property giant Megaworld Corporation, which specialises in developing integrated urban townships, achieved first-half net income of PHP6.69 billion (US$130.4 million), an 11 per cent improvement on the same period last year. Rental income drove its earnings for the period. Megaworld’s rental business, which includes malls and commercial centers, saw its income soar 20 per cent […]

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Retail Asia18/03/2016

Philippine property developer Megaworld Corp and its subsidiaries have earmarked P55 billion (US$1.172 billion) for capital spending in 2016 to boost commercial assets. Real estate tycoon Andrew Tan’s flagship property arm and subsidiaries Global-Estate Resorts (GERI), Empire East Holdings and Suntrust Properties have announced plans to aggressively expand a group-wide rental portfolio. The company said […]

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