MEGAWORLD Corp. said Thursday that it posted a record net income of P24 billion in 2025, up 11 percent year-on-year, driven by sustained growth across its leasing, hotel and residential businesses.
Consolidated revenues rose 5 percent to nearly P86 billion from P81.7 billion in 2024, supported by the continued expansion of its recurring income portfolio and healthy residential sales.
Leasing revenues grew 11 percent year-on-year to P22 billion, accounting for a larger share of total revenues.
Growth in this segment was led by office leasing revenues under Megaworld Premier Offices, which rose 11 percent to P14.9 billion on contributions from new assets, rental escalations, renewals and sustained demand from outsourcing firms and multinational companies within its integrated townships.
Megaworld recorded more than 330,000 square meters (sqm) of office transactions in 2025, of which about 180,000 sqm were new leases while the remainder consisted of renewals.
Revenues from Megaworld Lifestyle Malls climbed nine percent to P6.9 billion on stronger consumer activity and tenant expansion, as its malls posted a record average daily foot traffic of 297,000, up 18 percent year-on-year, surpassing pre-pandemic levels.
The company opened 64,000 sqm of new retail space during the year, including 27,000 sqm in the fourth quarter, driven by tenant mix upgrades and expansion in food, fashion, home, and experiential retail categories.
Hotel revenues under Megaworld Hotels & Resorts grew nine percent to P5.6 billion on higher room rates and contributions from newly opened properties.
Real estate sales reached P51.8 billion, backed by stable demand across developments in Metro Manila and provincial growth centers, with strong contributions from projects in Uptown Bonifacio, McKinley West, Westside City, ArcoVia City, Northwin Global City, and Iloilo Business Park.
Megaworld said it was preparing to launch around P65 billion worth of residential projects in 2026 in Metro Manila and in high-growth provincial markets.
“Our full-year results highlight the growing strength of our diversified township portfolio and the steady expansion of our recurring income base,” said Lourdes Gutierrez-Alfonso, president and CEO of Megaworld.
“With our leasing businesses continuing to gain momentum and a strong pipeline of residential launches ahead, we are entering 2026 with confidence...,” she added.
The company’s shares on Thursday added P0.03, or 1.31 percent, to close at P2.32 each.
