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MREIT, Inc.MREIT
PSE Disclosure Form 17-18 - Other SEC Forms/Reports/Requirements
Form/Report Type
Advisement Report on Material Related Party Transactions
Report Period/Report Date
Apr 5, 2022
Description of the Disclosure
MREIT, Inc.'s Advisement Report on the Property-for-Shares swap with Megaworld Corporation whereby Megaworld subscribed to 263,700,000 shares of MREIT, Inc. to paid by way of transfer of four grade A asset buildings, namely: 100% ownership of Two Global Center and Festive Walk 1B, which are located in Iloilo Business Park, and 80% pro indiviso ownership of One West Campus and Five West Campus, which are located in McKinley Hill in Fort Bonifacio, Taguig.
Filed on behalf by:
Name
Ma. Georgina Alvarez
Designation
Chief Legal Consultant
Attachments
Original Link
Original Document
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Disclaimer
MREIT Inc. published this content on 07 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 April 2022 00:42:05 UTC.
MREIT, Inc. is a Philippines-based company, which operates as a real estate investment trust (REIT). The Company seeks to secure income growth and provide a competitive investment return to the investors through present and future portfolio. Its objectives are primarily to own and invest in income-producing commercial portfolio of office, retail, and hotel properties in the Philippines. The Companyâs investment properties include several buildings for mixed-use, which are being leased out as office, retail, and hotel, including the hotelâs parking spaces. The Company's properties include Eastwood City, Iloilo Business Park, and McKinley Hill. Iloilo Business Park is an integrated urban township in a 72-hectare property in the bustling district of Mandurriao, Iloilo City. McKinley Hill is an integrated urban township on 50 hectares of land inside Fort Bonifacio, a former military camp in Taguig City.