MREIT Inc., the real estate investment trust of property giant Megaworld, announced a powerful financial performance for the third quarter of 2025, marked by a significant jump in profits and revenues.
Strong Quarterly and Nine-Month Financial Results
The company reported that its distributable income for the third quarter surged by 29 percent year-on-year, reaching an impressive P935 million. This robust growth was primarily fueled by the infusion of new office assets, improved occupancy rates across its portfolio, and sustained rental growth. On the top line, the REIT saw an even larger leap, with revenues climbing 42 percent to P1.43 billion.
Looking at the broader picture for the first nine months of the year, the positive trend continues. From January to September 2025, distributable income grew by 27 percent to P2.8 billion. Similarly, cumulative revenues for the period rose by 33 percent, amounting to P4.13 billion.
Ambitious Expansion Plans and Shareholder Rewards
Capitalizing on this strong performance, MREIT has laid out an aggressive strategy for future growth. The company revealed its intention to increase its authorized capital to P8 billion. This strategic move is designed to fund new acquisitions and solidify its market position.
A key part of this expansion involves the planned acquisition of 10 additional office properties, which will add a substantial 198,500 square meters to its portfolio. This is expected to further drive income growth in the coming years.
In a direct benefit to its investors, MREIT also declared a cash dividend. Shareholders will receive P0.250478 per share. Based on the current share price, this distribution translates to an attractive 7.3 percent yield, enhancing returns for those invested in the company.
Outlook for the Philippine REIT Market
The outstanding results from MREIT, published on November 13, 2025, signal a robust period for the real estate investment trust sector in the Philippines. The successful integration of new assets and the ability to maintain high occupancy levels demonstrate strong operational management and healthy demand for quality office space in the country. The planned capital increase and property acquisitions position MREIT for continued leadership in the expanding Philippine REIT landscape.
