LISTED property developer Megaworld Corp. reported an 11% increase in net income for 2025 to P24 billion, supported by sustained growth across its key business segments.
“Our full-year results highlight the growing strength of our diversified township portfolio and the regular expansion of our recurring income base,” Megaworld President and Chief Executive Officer Lourdes T. Gutierrez-Alfonso said in a press release on Thursday.
Total revenue rose 5.3% to about P86 billion from P81.7 billion in 2024, in line with the corporate.
“With our leasing businesses continuing to achieve momentum and a powerful pipeline of residential launches ahead, we’re entering 2026 with confidence as we see meaningful opportunities to scale further, expand in key growth markets, and construct on the solid foundation we’ve established, especially on our pioneering township concept,” Ms. Gutierrez-Alfonso said.
Leasing revenue grew 11% to P22 billion, accounting for a significant slice of the corporate’s topline.
Megaworld Premier Offices’ leasing revenues increased 11% to P14.9 billion, supported by latest assets, rental adjustments, renewals, and demand from business process outsourcing (BPO) firms and multinational corporations across its townships, the corporate said.
In 2025, Megaworld recorded greater than 330,000 square meters (sq.m.) of office transactions, of which roughly 180,000 sq.m. got here from latest leases, with the balance from renewals, it added.
Megaworld Lifestyle Malls’ leasing revenues rose 9% to P6.9 billion.
The corporate said average every day foot traffic reached 297,000, up 18% yr on yr and above pre-pandemic levels.
The corporate opened 64,000 sq.m. of recent retail space in 2025, including 27,000 sq.m. within the fourth quarter, alongside tenant mix upgrades across food, fashion, home, and experiential retail categories.
Megaworld Hotels & Resorts posted a 9% increase in revenues to P5.6 billion, supported by higher room rates and the addition of recent properties, including the Grand Westside Hotel, set to develop into the world’s largest Mövenpick hotel as Mövenpick Manila Bay Westside Hotel.
Real estate sales reached P51.8 billion, backed by regular demand in Metro Manila and expansion in provincial growth centers, the corporate said.
“Among the many strong contributors in the course of the yr were projects in Uptown Bonifacio, McKinley West, Westside City, ArcoVia City, Northwin Global City, and Iloilo Business Park,” the corporate said.
For 2026, Megaworld plans to launch P65 billion price of residential projects across Metro Manila and high-growth provincial locations to support its development pipeline and future revenue.
In January 2026, Megaworld launched its 37th township, The Sugartown, a 97‑hectare mixed-use development in Talisay City, Negros Occidental, marking its third development within the Negros Island Region.
“Megaworld continues to pursue its long-term leasing expansion strategy, targeting two million square meters of office gross leasable area (GLA) and a million square meters of retail GLA by 2030, bringing total leasing GLA to 3 million square meters,” the corporate said.
Megaworld shares rose 1.31% to P2.32 each. — Alexandria Grace C. Magno