MREIT, the REIT (real estate investment trusts) vehicle of township developer Megaworld, is set to acquire P5.3-billion four prime, grade A, office properties in PEZA (Philippine Economic Zone Authority)-accredited zones, ramping up the company's portfolio value to P65 billion.
The acquisition makes up the initial tranche of MREIT's P20-billion property for shares acquisition plan for 2022.
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