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MREIT, Inc.
| MREIT, Inc. (MREIT) was registered with the Securities and Exchange Commission (SEC) on October 2, 2020 originally as Megaworld Holdings, Inc. primarily to engage in investment activities as an investment holding company. On April 7, 2021, the SEC approved the change in name to the present one as well as the change in primary purpose to that of a real estate investment trust. MREIT's principal investment strategy is to invest in income-generating real estate. To meet the investment criteria, a potential new property should be located in a prime location in either Metro Manila or key provinces in the Philippines; be primarily (but not exclusively) focused on Grade A office and retail properties; and have stable occupancy, tenancy, and income operations. The Company's sponsor is Megaworld Corporation. MREIT's property portfolio currently consists of 14 mixed-use buildings located in Taguig City, Quezon City, and Iloilo City leased out to various entities as office, retail, and hotel. All of the properties are owned by the Company and stand on land leased from the sponsor for an aggregate period of 50 years. Source: SEC Form 17-A (2022) |
| Sector | Property |
|---|---|
| Subsector | Property |
| Corporate Life | |
| Incorporation Date | Oct 02, 2020 |
| Number of Directors | 7 |
| Stockholders' Meeting as per By-Laws | last Friday of May of each year |
| Fiscal Year | 12/31 (Month/Day) |
| External Auditor | P&A Grant Thornton |
| Transfer Agent | BDO Unibank, Inc. - Trust and Investments Group |
| Business Address | 18th Floor, Alliance Global Tower, 36th Street cor. 11th Avenue, Uptown Bonifacio, Taguig City, Philippines |
|---|---|
| E-mail Address | [email protected] |
| Telephone Number | (+632) 8-894-6331 |
| Fax Number | |
| Website | www.mreit.com.ph |
