Property giant Megaworld Corporation reported strong financial results for the first nine months of 2025, recording a 14% surge in net income to almost P18 billion. The impressive performance was fueled by the sustained strength of its core businesses, particularly its leasing, residential, and hotel segments.
Consolidated revenues for the period increased by 8% to P64.41 billion.
The company’s recurring income streams demonstrated exceptional vitality. Leasing revenues grew by 15% year-on-year to P16.24 billion. This growth was primarily led by Megaworld Premier Offices, which saw revenues climb by about 16% to P11.14 billion. The robust office leasing performance was underscored by closing nearly 140,000 square meters in new office leases and almost 120,000 square meters in renewals, reflecting strong demand for strategically located office spaces within integrated townships.
Megaworld Lifestyle Malls contributed P5.10 billion in leasing revenues, marking a 13% increase, driven by rising foot traffic and consumer spending across key developments like Uptown Bonifacio, ArcoVia City, and Eastwood City.
Hotel operations under Megaworld Hotels & Resorts posted a 13% jump in revenues to P4.13 billion, benefitting from higher room rates, increased business and leisure travel, and the addition of new inventory, including the newly opened Grand Westside Hotel.
Meanwhile, Real Estate Sales also grew 6% to P40.24 billion, supported by stable sales take-up and continued construction progress across residential projects in key growth areas like Uptown Bonifacio, Maple Grove, and The Upper East in Bacolod.
“Our year-to-date performance continues to reflect the strength of our recurring income portfolio and the sustained demand across our residential and hotel offerings,” says Lourdes Gutierrez-Alfonso, President of Megaworld Corporation. “Even as we navigate mixed market conditions, we remain focused on delivering long-term value through innovation, operational efficiency, and township-led growth.”
In line with its strategic commitment to shareholders, Megaworld also implemented capital return initiatives, including the declaration of a cash dividend amounting to P0.094 per share and the launch of a P2.0-billion share buyback program in August 2025.
The company is also pushing ahead with its expansion, marking its entry into the ultra-luxury residential segment with the launch of the Megaworld Luxe Collection. Megaworld, which currently boasts 36 township developments, is targeting to grow its total leasing Gross Leasable Area (GLA) to three million square meters by 2030, comprising two million square meters for office and one million square meters for retail.
With total assets now reaching around half a trillion pesos, Megaworld reaffirms its position as one of the largest and most financially stable real estate companies in the Philippines.
