MREIT expands beyond offices with retail asset pipeline - BusinessWorld Online

MREIT expands beyond offices with retail asset pipeline - BusinessWorld Online

MREIT, INC. said it is on track to nearly double its portfolio to about 1 million square meters (sq.m.) of gross leasable area as it pushes deeper into retail and hospitality assets through its biggest planned acquisition to date. “We are on track to reach at least 1 million sq.m., well ahead of our original timeline,” MREIT President and Chief Executive Officer Jose Arnulfo C. Batac told the company’s annual stockholders’ meeting on May 29. The…