MREIT secures SEC approval for P27-billion asset infusion

MREIT, Inc. has secured Securities and Exchange Commission (SEC) approval for its P27-billion Wave 5 property-for-share swap, allowing the real estate investment trust (REIT) to proceed with the transaction. The REIT of Megaworld Corp. said in a statement on Tuesday that the asset infusion would bring its assets under management to about P122 billion upon […]