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MEG Megaworld Corporation
Press Release

Megaworld Expands Office Portfolio with New Developments in Bulacan, Bacolod, and Davao

🟢 High Impact Positive
Megaworld Corporation is enhancing its office portfolio by developing over 51,000 square meters of gross leasable space across Bulacan, Bacolod, and Davao. This expansion is aimed at meeting the rising demand for office spaces outside Metro Manila, particularly in key provincial markets.
AI Summary Details
Key Facts
  • 51,000 square meters of gross leasable space being developed
  • Northwin Global Tower 1 in Bulacan offers nearly 20,000 square meters of GLA
  • No. 5 Upper East Avenue in Bacolod will add almost 9,000 square meters of office space
  • One Republic Plaza in Davao features about 24,000 square meters of office GLA
  • In 2025, office leasing revenues reached P14.9 billion, rising by 11%
Investor Takeaway
This disclosure highlights Megaworld's strategic expansion into regional markets, which could enhance its revenue streams and market position, making it a noteworthy development for investors.
Market Impact
The expansion into Bulacan, Bacolod, and Davao aligns with the growing demand for office spaces outside Metro Manila, potentially positioning Megaworld favorably in the competitive landscape of office leasing. The company's strong performance in 2025 further supports its growth trajectory.
Watch For
  • Completion timelines for the new office developments
  • Future leasing performance and occupancy rates in the new buildings
  • Updates on infrastructure projects in Bulacan that may impact demand
Details
Company Megaworld Corporation
Stock Symbol MEG
Published May 18, 2026
Disclosure Number C03656-2026
EDGE Number f1f7504bff1636df64d70b69f0a3140b
AI Analyzed Jul 11, 2026 1:00 PM
Read Full Disclosure on PSE EDGE