MANILA, Philippines — MREIT Inc., the real estate investment trust of Megaworld Corp., secured regulatory approval for a P16.2-billion property infusion that will expand its office portfolio in Taguig. This clears the way for its fourth wave of asset acquisitions ahead of schedule. In a disclosure on Thursday, MREIT said the Securities and Exchange Commission had approved its property-for-share swap covering nine Grade A office buildings in McKinley Hill. The transaction involves assets with a combined gross leasable area of about 165,500 square meters (sqm). They will be partly settled through shares worth P16.03 billion and cash of P187.5 million. READ: […]... Keep on reading: MREIT gets SEC nod for P16.2-B Taguig asset infusion