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MREIT set to declare cash dividend this month

MREIT, Inc., the real estate investment trust of the country’s largest office landlord Megaworld Corp., is set to declare a cash dividend of at least P0.24 per share this month after posting higher revenues in the third quarter of the year. In a statement, MREIT said its revenues improved six perce

MREIT income rises by 6% to ₧711 2M in July-Sept

MREIT Inc., the real estate investment trust (REIT) of property developer Megaworld Corp., said its revenues in the third quarter recorded a single-digit hike. The company said it saw a 6-percent increase in revenues to P711.2 million in the quarter ending September on the back of the 5-percent increase in…

POGOs Return to Benefit Local Real Estate Industry

POGOs Return to Benefit Local Real Estate Industry
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Quezon City Emerges as 2020 s Most Popular Real Estate Location in Metro Manila

Quezon City ranks first in the list of the most popular real estate locations in Metro Manila, according to the latest trend report from Lamudi Majority of seekers are interested to rent rather than buy, a similar trend also observed in Makati and Pasig. As cities that host business districts, this reflects the market’s move to find temporary living spaces near places of work amid the pandemic. In contrast, stronger purchase interest is seen in Metro Manila cities outside the CBDs, such as Manila. In terms of real estate types, houses are the most popular among seekers looking at Quezon City listings. Horizontal developments represent 29.25 percent of the leads.

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