MREIT, Inc. reported a 147 percent surge in attributable net income to P1.99 billion in the first nine months of 2022 from P807 million in the same period last year after it expanded its portfolio.
In a disclosure to the Philippine Stock Exchange, the real estate investment trust of Megaworld Corp
MREIT Inc., the real estate investment trust company of Megaworld Corp., registered a net income of P1.9 billion in the January to September period, up from P807 million recorded a year ago.
Andrew Tan-led Megaworld has expanded its residential footprint in Pasig with the launch of its third residential condominium inside its 12.3-hectare Arcovia City along C-5 Road in Pasig City.
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