MREIT, Inc. Declares Cash Dividend, Payable Beginning September 14, 2023
August 08, 2023 at 09:30 pm EDT
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MREIT, Inc. declared cash dividends of PHP 0.2476 per share to its shareholders. The dividends will be payable beginning September 14, 2023 to shareholders on record as of August 23, 2023. Total dividends for the first half of the year stands at PHP 0.4952 per share.
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, McKinley Hill, and McKinley West. Iloilo Business Park is an integrated urban township of approximately 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.
MREIT, INC. 
