MREIT, Inc. Declares Cash Dividend, Payable on December 14, 2023
November 06, 2023 at 08:29 pm EST
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MREIT, Inc. declared cash dividends of PHP 0.2460 per share to its shareholders. The dividends will be payable on December 14, 2023 to shareholders on record as of November 20, 2023. Total dividends for the first nine months of the year stands at PHP 0.7412 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, and McKinley Hill. Iloilo Business Park is an integrated urban township in a 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. 
