MREIT boosts earnings to P2.8B

Consolidated revenues were said to have climbed by 14 percent year on year to P4.2 billion, coming from the additional four grade-A office towers — worth an aggregate P5.3 billion — that began contributing at the start of 2023. The company, in a statement on Thursday, said steady rental escalations among its existing tenants also […]

MREIT boosts earnings to P2.8B

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Consolidated revenues were said to have climbed by 14 percent year on year to P4.2 billion, coming from the additional four grade-A office towers — worth an aggregate P5.3 billion — that began contributing at the start of 2023.

The company, in a statement on Thursday, said steady rental escalations among its existing tenants also boosted revenue growth.

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