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August 30, 2015 2:18 PM ET

Real Estate Management and Development

Company Overview of Megaworld Corporation

Company Overview

Megaworld Corporation, together with its subsidiaries, develops, markets, and leases real estate properties in the Philippines. It develops mixed-use planned communities or community townships that integrate residential, commercial, educational/training, leisure, and entertainment components. The company’s real estate portfolio comprises residential condominium units, subdivision lots, and townhouses, as well as office projects and retail spaces. It also leases office and retail spaces; manages hotel operations; and provides project design, construction, and property management services, as well as engages in cinema, business process outsourcing, educational, facilities provider, and mainten...

The World Centre Building

20th and 28th Floors

330 Sen. Gil Puyat Avenue

Makati City,  1227

Philippines

Founded in 1989

1,934 Employees

Phone:

63 2 867 8826

Key Executives for Megaworld Corporation

Megaworld Corporation does not have any Key Executives recorded.

Megaworld Corporation Key Developments

Megaworld Corp. Plans to Develop Twenty New Malls in the Next 5 Years

MEGAWORLD Corp. announced it is going to open two new malls within its township in Taguig City before the end of 2015, kicking off its planned rollout of 20 new malls in the next 5 years. The company announced it is going to spend PHP 4 billion to develop full-scale mall and a dining mall with a combined gross floor area of around 110,000 square meters in Uptown Bonifacio. The company announced with the opening of the two malls in Uptown Bonifacio, the total GFA of the real estate firm's lifestyle malls will increase to 414,000 square meters.

Megaworld Corporation to Open Two New Malls in Uptown Bonifacio

Megaworld Corporation announced that it is set to open its full-scale mall and a dining mall with a gross floor area of around 110,000 square meters at its posh Uptown Bonifacio township in north Fort Bonifacio by fourth quarter of 2015. Uptown Place is a five-level upscale mall covering 85,000 square meter of retail and commercial spaces located at the heart of Uptown Bonifacio along 9th and 11th Avenues, 36th and 11th Drive. It is set to redefine the lifestyle, retail, leisure and entertainment landscape of Fort Bonifacio with its superb and sophisticated store retail mix, - from the most recognized names in fashion to the most sought-after international luxury brands, including popular foreign labels, eclectic selection of dining destinations, and leisure and entertainment amenities. Set to open before the end of the year 2015, Uptown Place will have its own food hall featuring 11 distinctly new food concepts and offering international cuisines, cinemas including Megaworld's Signature Ultra Cinemas, a rooftop sky plaza overlooking Uptown Bonifacio skyline, a lifestyle tower, chapel, Las Vegas-style water feature at the mall's ground level and al fresco dining areas. Just beside Uptown Place will rise a unique ‘dining mall’ called Uptown Parade, a 25,000 square meter strip that is set to become Manila's newest dining hub with an eclectic mix of specialty restaurants serving international cuisines. Also, opening before yearend, Uptown Parade will showcase new dining concepts and foreign brands that are coming to the Philippines for the first time. It will feature al fresco dining and tree- lined walkways. As part of Uptown Parade, The Palace Superclub is changing Manila's nightlife scene with over 8,000 square meters of party space that can accommodate around 10,000 people. It now houses the Valkyrie Nightclub and The Palace Pool Club, the country's first day club and pool club complete with cabanas, daybeds, pools, and music from both local and international DJs. Also rising in Uptown Bonifacio are luxury residential condominiums: One Uptown Residences Uptown Ritz and Uptown Parksuites; modern office towers including the 20-storey Allianc Global Tower which will serve as the headquarters of the companies under the Alliance Globa Group Inc., open parks and leisure amenities.

Megaworld to Open Belmont Hotel in Bustling Newport City

Megaworld is set to launch a new hotel brand in Newport City in 2015. To be called Newport Belmont Hotel, this local brand by Megaworld will be first introduced within the company's 25 hectare township in Pasay City, just across the Ninoy Aquino International Airport Terminal 3. Set to be fully operational in October 2015, Newport Belmont Hotel is a 10storey business class hotel consisting of 480 rooms and suites ranging from 23 to 33 square meters in size. It is located right in front of the new Marriott Grand Ballroom, which is touted to be the biggest pillar less hotel ballroom in the country. It is also just within walking distance from Resorts World Manila and Newport Mall. The hotel features a contemporary architectural design with each room having a curtain wall (floor to ceiling glass wall) to maximize the light permeability. One of the hotel's highlights is its tropically landscaped atrium, which provides an amazing view of Resorts World Manila and the entire township. Newport Belmont Hotel boasts of firstclass amenities that include podium gardens, a 24 hour fitness center and workout area, lap pool with inwater pool lounge, paved sunbathing lounge, massage deck and seating area, pool spa, steam and sauna rooms as well as its own business center and medical clinic. It will also have a dining and shopping arcade at the ground level. This will be the first hotel under the Belmont brand to be opened, and the fourth hotel brand to rise in the vast Newport City township, which also houses Resorts World Manila and three other hotels, namely: Marriott Hotel Manila, Maxims Hotel and Remington Hotel. Currently, these hotels have a total of 1,137 rooms that enjoy an average of at least 85%-90% occupancy rate every month. In the next five years, both companies will be expanding to an additional 10,000 new hotel rooms, all of which will be in Megaworld's township developments.

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