{"id":332995,"date":"2025-06-25T10:15:46","date_gmt":"2025-06-25T02:15:46","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332995"},"modified":"2025-06-25T10:15:48","modified_gmt":"2025-06-25T02:15:48","slug":"trade-the-news-meg-to-infuse-more-assets-to-mreit","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-meg-to-infuse-more-assets-to-mreit\/","title":{"rendered":"Trade the News: MEG to infuse more assets to MREIT"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Megaworld Corp.<\/td><\/tr>
Stock Code<\/strong><\/td>MEG<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 2.61<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>MREIT Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>MREIT<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 15.48<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Megaworld Corp. (MEG) is planning to inject not only more office assets into MREIT Inc. (MREIT), but also mall developments in a bid to bolster the latter\u2019s portfolio and make it among the region\u2019s biggest real estate investment trust (REIT) companies.<\/p>\n\n\n\n

Megaworld executive director Kevin Tan said the company is aiming make MREIT as \u201cone of the largest and most dynamic REITs in the region.\u201d<\/p>\n\n\n\n

He said this would be supported by the solid assets and reputation of Megaworld as a developer.<\/p>\n\n\n\n

\u201cWe are very excited to do more and achieve more, particularly with Megaworld\u2019s robust portfolio of having nearly 1.7 million square meters of office spaces and more than half a million square meters of retail spaces under its umbrella,\u201d Tan said.<\/p>\n\n\n\n

\u201cThis potential pipeline will be instrumental in reinforcing MREIT\u2019s future portfolio with premium office and mall developments, while also allowing Megaworld to invest more and capitalize on high growth opportunities in key areas across the country,\u201d he said.<\/p>\n\n\n\n

MREIT is actively assessing new acquisition opportunities to sustain its growth trajectory and move closer to its long-term goal of achieving one million square meters of gross leasable area (GLA) by 2030.<\/p>\n\n\n\n

MREIT\u2019s portfolio comprises 24 prime office properties strategically located in five Megaworld premier townships \u2013 Eastwood City, McKinley Hill, McKinley West, Iloilo Business Park and Davao Park District.<\/p>\n\n\n\n

Its GLA currently stands at 482,000 square meters.<\/p>\n\n\n\n

MREIT plans to expand its GLA by approximately 100,000 square meters annually to support its long-term growth target.<\/p>\n\n\n\n

The strategy will bring the company closer to its goal of reaching one million square meters of GLA by 2030.<\/p>\n\n\n\n

In terms of retail assets, Megaworld currently has a portfolio of 22 lifestyle malls located in its townships.<\/p>\n\n\n\n

Megaworld\u2019s township growth serves as forerunner for the group\u2019s mall growth.<\/p>\n\n\n\n

The company plans to launch a new mall this year as it looks to jack up its position in the country\u2019s mall segment and boots its retail leasing portfolio.<\/p>\n\n\n\n

(News Source: Philippine Star<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-332995","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=332995"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332995\/revisions"}],"predecessor-version":[{"id":332997,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332995\/revisions\/332997"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}