MREIT targets 1-M sqm lease portfolio
The Philippine Star|December 03, 2024
The real estate investment trust (REIT) of Megaworld Corp. plans to amass a portfolio of one million square meters of gross leasable area (GLA) by the end of 2030 as it sets a three-year investment strategy aimed at increasing its shareholder value.
By CATHERINE TALAVERA

In a regulatory filing yesterday, MREIT disclosed its three-year investment strategy prepared by MREIT Fund Managers Inc. (MFMI), which aims, among others, to reach a portfolio of one million sqm in GLA by the end of 2030.

"MFMI maintains its accelerated growth plan to increase the company's portfolio of high-quality, income-generating assets with GLA of 100,000 sqm each year to reach one million sqm by the end of 2030," the company said.

This story is from the December 03, 2024 edition of The Philippine Star.

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This story is from the December 03, 2024 edition of The Philippine Star.

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