MREIT, Inc. Declares Dividends for the First Quarter of 2022, Payable on May 31, 2022
April 25, 2022 at 06:46 am IST
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MREIT, Inc. declared dividends of PHP 0.243 per share to its shareholders based on its income for the first quarter of 2022. The cash dividends will be payable on May 31, 2022 to stockholders on record as of May 10, 2022.
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. 
