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Megaworld earmarks P40B for ecotourism township in Palawan

Megaworld earmarks P40B for ecotourism township in Palawan
sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.

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Global-Estate Resorts income up 2.3% - BusinessWorld

Global-Estate Resorts income up 2.3% - BusinessWorld
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Megaworld eyes expansion of office portfolio in the regions

Published July 12, 2021, 2:18 PM
Even in the midst of a pandemic, destinations outside of Metro Manila remain brimming with economic potential.
This is the outlook shared by the country’s largest office developer and landlord, Megaworld Corporation, as the company looks to expand its office portfolio further in its provincial townships in the next five years.
Iloilo Business Park now dominates the Iloilo office leasing market as it hosts to top BPO and multinational firms in nine completed office towers.
Currently, Megaworld has over 70 office buildings, most of which are PEZA-accredited developments, scattered around some of the country’s most bustling destinations. ....

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Megaworld to open 10 vaccination centers

Published May 13, 2021, 3:04 PM
Megaworld Corporation is opening 10 vaccination centers in its various townships across Metro Manila and in Laguna as part of its contribution to the government’s ongoing vaccination program.
These vaccination sites are in Eastwood City for Quezon City; Venice Grand Canal and Uptown Bonifacio for Taguig City; Paseo Center and San Lorenzo Mall for Makati City; Newport Mall for Pasay City; The Village Square Alabang for Las Piñas City; Lucky Chinatown for the City of Manila; Arcovia City for Pasig City; and Southwoods City for Biñan, Laguna.
First to be opened this week are the vaccination centers in Lucky Chinatown and Venice Grand Canal, which will serve the Manila and Taguig LGUs, respectively. ....

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Global-Estate Resorts profits down by 27%

Global-Estate Resorts profits down by 27%
April 27, 2021 | 12:05 am
GLOBAL-ESTATE Resorts, Inc. (GERI) ended the year with a net attributable profit of P1.09 billion, down by 27% from P1.49 billion in the previous year, due to the decline in real estate sales, rental income, and revenues from hotel operations.
According to a regulatory filing on Monday, the revenues of GERI, the listed tourism estate subsidiary of Megaworld Corp., also slumped by 37% to P5.2 billion from P8.3 billion.
Real estate sales declined by 39% to P3.61 billion from P5.91 billion due to limited selling and construction activities caused by quarantine restrictions. Some project launches for 2020 were also deferred. ....

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