MREIT seen to post steady earnings
MREIT Inc., the real estate investment trust of Megaworld Corp., will likely generate “steady” earnings this year and the next on the back of above-industry occupancy levels and annual rental escalation rates. In a report by the Maybank Investment Banking Group released on Wednesday, the Tan-led REIT landlord is expected to grow its earnings by […]
T Kauer 
MREIT Inc., the real estate investment trust of Megaworld Corp., will likely generate “steady” earnings this year and the next on the back of above-industry occupancy levels and annual rental escalation rates.
In a report by the Maybank Investment Banking Group released on Wednesday, the Tan-led REIT landlord is expected to grow its earnings by 7 percent this year and 5 percent in 2025, driven by a steady occupancy rate of at least 94 percent.
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