Company MREIT, Inc.

Equities

MREIT

PHY6143N1073

Commercial REITs

End-of-day quote Philippines S.E. 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
13 PHP 0.00% Intraday chart for MREIT, Inc. -0.76% +5.69%

Business Summary

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 Company’s investment properties include several buildings for mixed-use, which are being leased out as office, retail, and hotel, including the hotel’s 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.

Number of employees: 2

Sales per Business

PHP in Million2022Weight2023Weight Delta
Office
91.1 %
2,686 92.0 % 2,938 91.1 % +9.40%
Commercial
5.9 %
132 4.5 % 189 5.9 % +43.17%
Hotel
1.7 %
56 1.9 % 56 1.7 % 0.00%
Deferred Credits
1.1 %
38 1.3 % 35 1.1 % -9.79%
Advertising
0.1 %
4 0.2 % 4 0.1 % 0.00%
Parking
0.0 %
1 0.0 % 1 0.0 % +3.87%

Sales per region

PHP in Million2022Weight2023Weight Delta
Philippines
100.0 %
2,918 100.0 % 3,223 100.0 % +10.47%

Managers

Managers TitleAgeSince
Chief Executive Officer 44 01/20/01
Director of Finance/CFO - 03/21/03
Compliance Officer 38 01/23/01
Investor Relations Contact - 23/23/23
Corporate Officer/Principal - -
Corporate Secretary 47 -
Treasurer 50 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 68 -
Director/Board Member 81 -
Director/Board Member 72 -
Director/Board Member 60 -
Chairman 66 -
Chief Executive Officer 44 01/20/01
Director/Board Member 67 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,795,821,381 1,271,108,500 ( 45.46 %) 0 45.46 %

Shareholders

NameEquities%Valuation
1,514,682,881 54.18 % 350 M ₱
16,427,040 0.5876 % 4 M ₱
9,995,000 0.3575 % 2 M ₱
Deutsche Australia Ltd. (Investment Management)
0.0632 %
1,768,200 0.0632 % 408 914 ₱
DFA Australia Ltd.
0.007475 %
209,000 0.007475 % 48 333 ₱
Sumitomo Mitsui Trust Asset Management Co., Ltd.
0.003791 %
106,000 0.003791 % 24 514 ₱
Dimensional Fund Advisors Ltd.
0.001450 %
40,545 0.001450 % 9 376 ₱
AHAM Asset Management Bhd.
0.000830 %
23,200 0.000830 % 5 365 ₱
AmIslamic Funds Management Sdn. Bhd.
0.000461 %
12,900 0.000461 % 2 983 ₱
1,000 0.000036 % 231 ₱

Company contact information

MREIT, Inc.

18/F Alliance Global Tower 36th Street Corner 11th Avenue

1634, Taguig City

+

http://www.mreit.com.ph
address MREIT, Inc.(MREIT)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
13 PHP
Average target price
15.9 PHP
Spread / Average Target
+22.31%
Consensus

Annual profits - Rate of surprise