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Showing posts with label andrew tan. Show all posts
Showing posts with label andrew tan. Show all posts
Friday, May 6, 2022

Andrew Tan’s REIT posts 18% rise in distributable net income

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  MREIT, the real estate investment trust of ultra bilyonaryo Andrew Tan’s Megaworld Corp., chalked up distributable income of P639 million ...
Tuesday, April 12, 2022

Andrew Tan’s leisure unit bounces back with positive growth numbers: GERI posts P1.3B earnings in 2021

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The leisure estate development arm of ultra bilyonaryo Andrew Tan, Global-Estate Resorts Inc. (GERI) swung back to positive territory with p...
Friday, March 11, 2022

Andrew Tan’s Megaworld swings to positive growth, earns P13.4B profit in 2021

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Megaworld Corp., the property arm of bilyonaryo Andrew Tan, returned to familiar ground with a 36 percent jump in profit last year. In a sta...
Monday, March 7, 2022

Andrew Tan’s MREIT books P2B profit in first 6 months of operations

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 Megaworld-backed MREIT Inc. posted a net income of P2 billion in the six months ending December last year, boosted by a fair value gain on ...
Thursday, January 20, 2022

Andrew Tan strikes deal with Boy Reyno to buy P1.9B Manila Jockey lot

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Bilyonaryo Andrew Tan is further expanding Megaworld Corp.’s presence in Manila with the planned purchase of a 2.2 hectare property owned by...
Saturday, January 1, 2022

Andrew Tan’s MREIT to invest in townships, logistics

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The real estate investment trust (REIT) of bilyonaryo Andrew Tan’s Megaworld Corp. is diversifying its portfolio to include townships as wel...
Thursday, December 2, 2021

Andrew Tan prepping for tourism’s rebound: Megaworld selling P5B worth of boutique hotel, commercial lots in Palawan

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Megaworld is eyeing to generate around P5 billion from the sale of lots in its planned Mercato Shophouse and Porto Hotel District in San Vic...
Tuesday, October 26, 2021

Andrew Tan’s office buildings see upswing in demand in first 9 months

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As cities spring back to life following the easing of movement restrictions, bilyonaryo Andrew Tan’s property arm Megaworld Corp. has seen a...
Friday, September 10, 2021

Frederick Go’s RLC still biggest REIT IPO after Megaworld lowers MREIT offer

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Megaworld-sponsored MREIT Inc. cut the size of its initial public offering by nearly a quarter and priced it below the P22 maximum price i...
Sunday, September 5, 2021

GERI zooms up nearly 50% as Andrew Tan forges ahead with plan to build ‘tiny’ casino in Boracay

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Global-Estate Resorts, Inc. (GERI) nearly hit the ceiling as local investors placed their bets on bilyonaryo Andrew Tan’s plan to put up a c...
Monday, August 16, 2021

New king rising: Andrew Tan is the country’s biggest office builder, landlord – Leechiu

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Bilyonaryo Andrew Tan’s Megaworld (MEG) has taken the lead among property giants in the highly competitive office market. Leechiu Property C...
Tuesday, June 22, 2021

PH’s biggest REIT IPO: Andrew Tan revs up for Megaworld unit’s P27.3B public offering

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Megaworld Corp. has applied for an initial public offering of a real estate investment trust (REIT) that could raise as much as P27.3 billio...
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Andrew Tan strengthens rental portfolio, to add 21 new office, commercial buildings

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Megaworld Corp. is beefing up its rental inventory with the construction of 15 office buildings, five lifestyle malls and a new hotel in Mac...
Tuesday, May 11, 2021

Andrew Tan’s Megaworld reigns supreme in Iloilo office market

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The Andrew Tan-led company reigned as king of large leases with a total leasable office portfolio of 100,000 square meters in nine completed...