Megaworld’s MREIT Debuts On Philippine Stock Exchange (ABSCBN News)

October 1, 2021 – Megaworld’s real estate investment trust MREIT listed on the Philippine Stock Exchange Friday, aiming to become the fastest growing in the country and among the largest in Southeast Asia. 

Simultaneous bell-ringing ceremonies were held in 4 different locations including the PSE trading floor in Taguig as well as in Eastwood City, McKinley Hill, and at the Iloilo Business Park, which are sponsor Megaworld’s top township projects.

“That’s (REITs) always been in our horizon. It’s a way for us to allow investments into our office business and allow investments as well to our very thriving township business,” MREIT president Kevin Tan said. 

Aside from Megaworld, Ayala Land’s AREIT, DoubleDragon’s DDMP, Filinvest Land’s FILREIT and Robinsons Land Corp’s RL Commercial REIT have also been listed in the main index of the PSE.

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