Megaworld - updates

Rappler's latest stories on Megaworld

ARTICLE FINDER

Megaworld to build Pampanga mall highlighting 'rich cultural heritage'

Sep 30, 2019 - 8:01 PM

The P1.8-billion Capital Mall will feature original parts of the sugar mill which used to stand on the same spot

Megaworld net income up 16% to P8.3 billion in H1 2019

Aug 08, 2019 - 8:25 PM

Megaworld chief strategy officer Kevin Tan sees more gains, as developments in the economy create a sweet spot for properties

Megaworld to build 8 more malls outside Metro Manila

Jul 30, 2019 - 8:25 PM

These malls will be built in Bacolod City, Boracay, Cavite, Cebu, Davao City, and Pampanga

Megaworld lifestyle malls. Photo from Megaworld

Megaworld eyes P2 billion in sales from Iloilo office tower

Jul 24, 2019 - 9:15 PM

Megaworld Corporation is constructing a 19-storey building which it says would be the 'most modern and state-of-the-art office tower in Western Visayas'

Megaworld subsidiary to open 2nd hotel in Boracay

Jul 18, 2019 - 5:35 PM

Housing 442 rooms, the Belmont Hotel Boracay will be opening its doors to tourists in August 2019

Photo from Megaworld Corporation

Stocks to Watch: 3 property stocks to consider buying

Jul 15, 2019 - 9:30 AM

Buy, sell, or hold? Rappler's very first weekly stock outlook looks at 3 property companies, as the sector appears set for greater heights.

Megaworld to launch P2P bus transport hub at Iloilo Business Park

Jul 10, 2019 - 1:45 PM

The P2P bus transport hub at the Iloilo Business Park will have two terminals. Here's what travelers can expect.

LAUNCHING SOON. Megaworld will be bringing in the first premium point-to-point bus services in Western Visayas within the year. Photo from Megaworld

Alliance Global sets P410-billion capex for 2020 to 2024

Jul 01, 2019 - 3:30 PM

Alliance Global's property arm Megaworld Corporation receives the lion's share of the budget set for 2020 to 2024

FUTURE-PROOFING. AGI's 5-year program wants to increase the use of innovation and digital transformation in all of its businesses. Logo from Alliance Global

Megaworld subsidiary eyes P1.4-B income from rentals, hotels in 2019

Jun 27, 2019 - 7:05 PM

Amid its expected doubling of income for 2019, Global-Estate Resorts says it wants to contribute to the Philippines' tourism sector

MORE INCOME. The launching of more projects in 2019 is expected to double GERI's income.

Megaworld plans more developments in Visayas, Mindanao

Jun 17, 2019 - 7:50 PM

With only 6 townships in the Visayas and 1 in Mindanao, Megaworld says it wants to increase its presence outside Luzon

Filipinos online fume after mall chain announces 'Avengers: Endgame' screenings with Chinese subs

Apr 22, 2019 - 4:11 PM

Select screen times at Megaworld Lifestyle Malls for 'Avengers: Endgame' will have Chinese subtitles

ENDGAME WITH SUBTITLES. Megaworld announces select screenings of 'Endgame' with Chinese subtitles. Image from Southwoods' Facebook page

Megaworld posts 17% net income growth in 2018

Apr 08, 2019 - 1:45 PM

Megaworld Corporation's residential, hotel, and rental portfolios all post double-digit growths in 2018

Megaworld hikes capital spending for Cavite project

Mar 20, 2019 - 7:40 PM

Megaworld Corporation increases its capital spending to P15 billion after announcing a 140-hectare township in General Trias City, Cavite

GREEN LEISURE. Megaworld, known for its lifestyle malls and eco-friendly designs, is fast-tracking their projects lined up for this year due to the demand. Photo by Megaworld

Megaworld, BCDA team up to create new district in Fort Bonifacio

Mar 14, 2019 - 4:20 PM

Envisioned to be the 'administrative capital of the country,' the 160-hectare Bonifacio Capital District is expected to host the new offices of government agencies

Megaworld, Empire East to build P20-billion township in Cainta, Rizal

Mar 11, 2019 - 5:10 PM

The planned Empire East Highland City township will include 38 residential towers to meet high demand

Megaworld's newest 24-hectare township targets a work-life balance with residential condominiums, mixed-use towers, a mall and an 8,000-square meter park which will house retail areas and a church. Image from Megaworld

Megaworld-WeWork deal seen to draw more foreign firms to Philippines

Mar 06, 2019 - 10:01 PM

Coworking firm WeWork can attract foreign companies looking to set up shop in the Philippines, says Megaworld

Photo from Megaworld

Typhoon Rosita: Free overnight parking at Megaworld malls on October 30

Oct 29, 2018 - 10:47 PM

Stranded commuters can also use the restrooms and charge their phones at Megaworld malls

Typhoon Ompong: Free parking at SM, Ayala, Robinsons, Megaworld malls

Sep 14, 2018 - 1:25 PM

Overnight parking fees are waived for select malls as heavy rain and floods are possible due to Ompong (Mangkhut)

What do millennials look for in a home?

Jul 27, 2018 - 2:31 PM

Today's young achievers are constantly in search for living spaces that will fuel their drive and nurture their lifestyles. But what elements really matter to them?

Where to start and grow your business in Pampanga

Apr 25, 2018 - 2:49 PM

Titled lots for shophouses offered in the historic city of San Fernando

How this man-made lake restores the beauty of Caliraya

Apr 25, 2018 - 2:49 PM

Drive to the countryside and immerse in the picturesque beauty of this exclusive lakeside community where sophistication and adventure await

LIST: Planned developments in Boracay

Apr 10, 2018 - 10:39 AM

The 6-month Boracay closure will not impede the planned mega projects of property developers in the island

BORACAY NEWCOAST. Boracay Newcoast is a 150-hectare tourism estate in Boracay, being developed by Global-Estate Resorts Incorporated (GERI), a Megaworld Corporation subsidiary. Concept photo from Boracay Newcoast website

Alliance Global net income for 2017 stalls on Resorts World attack

Apr 05, 2018 - 8:15 PM

Alliance Global reports a net income of P21.8 billion in 2017, from P22.8 billion in 2016, as losses from its casino and liquor units offset gains from Megaworld and fast-food operations

Global-Estate Resorts net income up 45% to P1.6 billion in 2017

Apr 02, 2018 - 7:50 PM

The increase comes as the residential sales of the Megaworld subsidiary grew 4% to P4.5 billion, while income from rentals was up 54% to P161 million

Megaworld net income up 13.4% to P13.3 billion in 2017

Mar 26, 2018 - 4:25 PM

The Andrew Tan-led property developer also plans to spend P60 billion in capital expenditures this year

Megaworld to turn over 2,300 condo units in Fort Bonifacio in 2018

Mar 19, 2018 - 5:55 PM

Megaworld is the largest single landholder and developer in Fort Bonifacio, with 4 integrated urban townships covering a total of 107 hectares

BIGGEST INVENTORY. Megawide will deliver to buyers a total of 2,300 residential units from 5 condominium developments within in its 3 townships projects in Fort Bonifacio. Images from Megaworld

Megaworld to invest P54 billion more in Westside City township

Feb 27, 2018 - 8:30 PM

The developer plans two new hotels to coincide with the 2021 opening of a new casino in the township near Manila Bay

Grand Westside Hotel image from Megaworld

DoubleDragon plans 3.9-hectare industrial hub in booming Iloilo

Feb 14, 2018 - 4:00 PM

With the rising cost of traffic and congestion in Metro Manila, property developers like DoubleDragon are looking at alternative cities to expand their landbank

INDUSTRIAL HUB. DoubleDragon's planned industrial hub in Iloilo will have a capacity of 22,000 square meters of leasable space once fully developed. Image from DoubleDragon

Megaworld set to open Festive Walk Mall in Iloilo

Feb 05, 2018 - 4:05 PM

The P2.2-billion, 3-level mall at the Iloilo Business Park is opening this coming April

Photo by Megaworld

DoubleDragon, partners to build PH's 'biggest' hotel in Boracay

Feb 01, 2018 - 1:55 PM

Hotel101 Resort-Boracay will have 1,001 rooms and will be located in Megaworld's 150-hectare Boracay Newcoast estate

image from DoubeDragon

Megaworld to develop smart townships

Jan 29, 2018 - 7:25 PM

Dubbed iTownships, the initiative will include smart home technology, smart parking systems, and the use of sustainable materials, among others

Megaworld to build P8-billion estate along Lake Caliraya in Laguna

Dec 11, 2017 - 2:35 PM

The Hamptons Caliraya will be a 300-hectare development featuring lakeside residential villages and villas, a town center, two 18-hole golf courses, and a clubhouse, all set to rise over the next 10 years

Conglomerates in talks for 'super consortium' to upgrade NAIA

Dec 07, 2017 - 3:50 PM

Andrew Tan's Alliance Global and Lucio Tan's LT Group confirm there are talks with other business groups, though no formal agreements have been reached

Megaworld to build P9-billion 'Makati-inspired' CBD in Cavite

Nov 20, 2017 - 5:30 PM

The 35-hectare central business district will be built within its 140-hectare Maple Grove township by 2022

Megaworld to build P3-B regional headquarters for New York-listed FactSet

Oct 02, 2017 - 2:30 PM

The 17-story FactSet Tower will offer 48,000 square meters of office space in Megaworld's McKinley West township

Megaworld launches new headquarters in Bonifacio Global City

Sep 27, 2017 - 8:15 PM

The 30-story Alliance Global Tower, situated in the Uptown Bonifacio township, houses Megaworld and all of its subsidiaries' 3,500 employees

Megaworld to spend P4.5 billion in 4 years for Twin Lakes in Tagaytay

Sep 21, 2017 - 8:05 PM

The money is earmarked for the development of residential villages and condominiums as well as a hotel in its 1,200-hectare Twin Lakes township

Megaworld set to open P2-B Southwoods Mall in October

Aug 31, 2017 - 7:40 PM

The 3 level mall located in the Southwoods City township will have a 24 hour Food Hall 4 cinemas department store supermarket hardware store toy store and transport hub

Alliance Global net income drops to P10.1 billion in 1st half of 2017

Aug 14, 2017 - 4:10 PM

The group s property and fast food units temper the slower performance of its casino and liquor businesses

Megaworld net income up 11% to P6.69B in 1st half of 2017

Aug 10, 2017 - 6:40 PM

The rise is due mainly to the property developer s rental income which rose 20 to P5 83 billion for the period

Alliance Global sees minimal income growth due to high spending, flat earnings

Apr 07, 2017 - 10:15 AM

Its consolidated revenues end flat at P139 7 billion in 2016 while reported net income climbs only 5 to P22 8 billion

HIGHER SPENDING. Alliance Global''s Kingson Sian says: 'Since about 3 to 4 years ago, the group has made a deliberate effort to significantly raise our level of spending to expand our geographic footprint both here and abroad, and ensure a more sustainable growth in future earnings.' Photo by Rob Reyes/Rappler

Rental sales lift Megaworld's 2016 income

Apr 05, 2017 - 7:30 PM

The developer however does not provide its real estate sales figures for 2016 which is a big component of its consolidated revenues

RENTAL SPACE. Megaworld will add close to 1 million square meters of leasable space in its portfolio. Photos from Megaworld's website

Megaworld increases capital expenditures for 2017

Feb 08, 2017 - 2:46 PM

Since its cash position remains healthy Megaworld says it will use mostly internally generated funds to finance its P60 billion capital spending for the year

RIDING THE BOOM. Within the next 3 to 5 years, Megaworld hopes to see a bigger slice of hotel earnings in its revenue pie as it opens new hotels

Amid soaring demand, Megaworld sees P20-B rental income by 2020

Feb 01, 2017 - 4:55 PM

This means the urban township developer projects to more than double its P9 B rental income in 2015

RENTAL SPACE. Megaworld will add close to 1 million square meters of leasable space in its portfolio. Photos from Megaworld's website

Landers Superstore to open in ArcoVia City and Alabang West

Jan 19, 2017 - 2:55 PM

Two of Megaworld’s newest township developments ArcoVia City and Alabang West will soon be home to Landers Superstore

NEW PARTNERSHIP. Landers and Megaworld executives sign agreement to put up superstores in Megaworld's two townships. Photo by Megaworld

Megaworld opening 4 new hotels in 2017

Jan 11, 2017 - 3:50 PM

Within the next 3 to 5 years Megaworld hopes to see a bigger slice of hotel earnings in its revenue pie as it opens new hotels

RIDING THE BOOM. Megaworld will open the Marriott Courtyard Hotel in Iloilo Business Park and the Savoy Hotel Boracay in Boracay Newcoast by first half of this year. Rappler file photo

Megaworld expects P1.35B in sales from Iloilo tower

Jan 08, 2017 - 9:45 PM

The new wing to be completed in 2021 will add 155 units to the township s Paris inspired residential tower

DEMAND INCREASES. Megaworld will call the new development as Saint Honore South Wing – an expansion of the Saint Honore North Wing that was launched in late August. Iloilo Business Park logo and background image from its website

Megaworld to spend P5B for Antipolo community dev't

Dec 12, 2016 - 4:40 PM

Over 100 hectares of the 640 hectare property will be for residential villages while 20 of the entire development will be for the 36 hole golf course and country club

WHOLE COMMUNITY. The development called Eastland Heights will have a 36-hole golf course, residential, commercial and retail, and institutional components. Rappler file photo

Alliance Global spending over P150B for two-year expansion

Sep 29, 2016 - 3:55 PM

Betting on the country s growth potential Andrew Tan s investment holding firm is spending more to accelerate expansion of its businesses

AGGRESSIVE.'We continue to be optimistic about what lies ahead. That is why we have kept an aggressive capital spending plan moving forward,' Alliance Global president Kingson Sian says. Photo by Rob Reyes/Rappler

Megaworld spending P8.5B for hotel expansion

Aug 25, 2016 - 7:45 PM

The developer will build a total of 5 more hotels in Boracay Manila and Cebu

GOAL. By 2020, Megaworld's Andrew Tan says his firm's 3 local hotels brands will have a total of around 3,800 hotel rooms. Photo by Rob Reyes/Rappler