Megaworld Corporation () is a real-estate company in the

Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

. It is listed on the

Philippine Stock Exchange The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Includin ...

Composite Index. The company develops large-scale, mixed-use, planned communities incorporating residential, commercial, educational, and leisure components. In addition it provides other services such as project design, construction oversight, and property management. Among its landmark projects is Forbes Town Center, a 6-hectare commercial and residential district in Fort Bonifacio,

Taguig Taguig (), officially the City of Taguig ( fil, Lungsod ng Taguig), is a 1st class highly urbanized city in Metro Manila, Philippines. According to the 2020 census, it has a population of 886,722 people. Located in the northwestern shores of ...

Metro Manila Metropolitan Manila (often shortened as Metro Manila; fil, Kalakhang Maynila), officially the National Capital Region (NCR; fil, link=no, Pambansang Punong Rehiyon), is the capital region, seat of government and one of three List of metrop ...

. Another project by Megaworld is the 45-storey

Petron Megaplaza The Petron Megaplaza is an office skyscraper located in Makati, Philippines. It previously held the title as the tallest building in the Philippines from 1998 to 2000 when the PBCom Tower was topped-off. It currently holds the title as the 5th ta ...

office skyscraper, which was the tallest building in the country upon its completion in 1998. Also, last May 31, 2016, Megaworld announced that they will build two more office towers, 10-storey One Republic Plaza, and six-storey Emperador House, in Davao City. The two towers will provide an additional 30,000 sqm of office spaces for lease.

History

Megaworld Properties & Holdings Inc. was founded by

Andrew Tan Andrew Lim Tan () is a Chinese Filipino billionaire with business interests in real estate, liquor and fast food. In 2011, ''Forbes'' magazine rated him fourth on the list of the "Philippines 40 richest" with an estimated net worth of $2 billi ...

and incorporated under Philippine law on August 24, 1989, primarily aimed at engaging in

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

development, leasing, and marketing. In 1994, it spun off Empire East Land Holdings Inc., which focused on the middle income market. It was converted to a

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

on July 15, 1994. On August 19, 1999, the company changed its name to Megaworld Corporation in line with its conversion from a purely real estate company to a

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

, though the company's core focus continues to be on real estate. In 2013, the company gained full acquisition of Suntrust Properties. Andrew Tan has served as Chairman of the Board and President of the company since its incorporation in 1989. Megaworld renewed its congressional franchise for another 25 years on June 26, 2014, one day after celebrating their silver anniversary. Under Philippine law, this real estate development company will operate with franchise from Philippine congress, an authority that limits and regulates development and operations of condominiums, hotels and shopping centers.

Properties

The Megaworld Corporation has numerous development throughout the

, ranging from malls (

Megaworld Lifestyle Malls Megaworld Lifestyle Malls is the retail and commercial arm of Megaworld Corporation Megaworld Corporation () is a real-estate company in the Philippines. It is listed on the Philippine Stock Exchange Composite Index. The company develops la ...

), offices, townships, hotels, resorts, gaming services and residential developments. It also owns companies such as the Megaworld Lifestyle Malls (in retail developments), the Megaworld Prime RFO (targeting the upper middle income and high income markets), the Empire East Land Holdings Inc., and the Suntrust Properties Inc. (both targeting the middle-income market)

Townships

In Metro Manila: * Alabang West - a 62 hectare commercial and residential development in Las Piñas located near Alabang. *

Arcovia City Arcovia City (sometimes styled ArcoVia City) is a mixed-use development in Ugong, Pasig, Metro Manila, the Philippines. It is a riverside township located by the Marikina River east of Ortigas Center being developed by the Megaworld Corporation. ...

- a 12.3-hectare (30-acre) mixued-use riverside township in

Pasig Pasig, officially the City of Pasig ( fil, Lungsod ng Pasig), is a 1st class highly urbanized city in the National Capital Region of the Philippines. According to the 2020 census, it has a population of 803,159 people. It is located along the ...

. *

Eastwood City Eastwood City is an mixed-use development complex located in Barangay Bagumbayan Quezon City. Launched in 1997, it is Megaworld Corporation’s first “live-work-play” community that offers complete facilities, amenities, and establishments ...

* Forbes Town Center * McKinley Hill- a mixed use development, inspired by Spanish and Italian Architecture, housing retail, offices, residential developments, including the famed

Venice Grand Canal, Taguig Venice Grand Canal is a lifestyle mall development under Megaworld Lifestyle Malls located inside the McKinley Hill township of Megaworld Corporation in Taguig City. Awarded the Best Retail Architectural Design at the Philippine Property Awards ...

and embassies from the

United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...

Qatar Qatar (, ; ar, قطر, Qaṭar ; local vernacular pronunciation: ), officially the State of Qatar,) is a country in Western Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it sh ...

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

, and

South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed ...

. * McKinley West- a mixed use development in

Newport City Newport ( cy, Casnewydd; ) is a city and county borough in Wales, situated on the River Usk close to its confluence with the Severn Estuary, northeast of Cardiff. With a population of 145,700 at the 2011 census, Newport is the third-largest au ...

- a development located near the

Ninoy Aquino International Airport Ninoy Aquino International Airport (NAIA , ; fil, Paliparang Pandaigdig ng Ninoy Aquino or ''Pandaigdigang Paliparan ng Ninoy Aquino''; ), originally known and still commonly referred to as Manila International Airport (MIA), is the main ...

Pasay Pasay, officially the City of Pasay ( fil, Lungsod ng Pasay; ), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Metro Manila, National Capital Region of the Philippines. According to the 2020 census, i ...

. The development includes the Resorts World Manila, hotels, prime offices, and retail and entertainment spaces. * Uptown Bonifacio - a development in the

Bonifacio Global City Bonifacio may refer to: Places * Bonifacio, Corse-du-Sud, a town in Corsica, France * Strait of Bonifacio, separating Corsica from Sardinia * Bonifacio, Misamis Occidental, a municipality in the Philippines * Bonifacio Global City, a central bu ...

, it also houses the Uptown Complex and the

Alliance Global Group Alliance Global Group, Inc., styled on its logo as AllianceGlobal and also known as Alliance Global, Inc. (AGI), is a large holding company with business activities spanning the food and beverage industry (including both production and restaurant ...

Headquarters. * Westside City - a , P121 Billion development in Entertainment City consisting retail, residential spaces, and gaming, including the

Westside City Resorts World West Side or Westside may refer to: Places Canada * West Side, a neighbourhood of Windsor, Ontario * West Side, a neighbourhood of Vancouver, British Columbia United Kingdom * West Side, Lewis, Outer Hebrides, Scotland * Westside, Birmingham En ...

Complex. In Luzon: * Capital Town - a development in

San Fernando, Pampanga San Fernando, officially the City of San Fernando ( pam, Lakanbalen ning Sampernandu; fil, Lungsod ng San Fernando), is a 1st class Cities of the Philippines#Legal classification, component city and capital of the Provinces of the Philippines, ...

, standing in a land formerly owned by the

Pampanga Sugar Development Company The Pampanga Sugar Development Company built the first Filipino-financed sugar central in Pampanga, Philippines. It was incorporated in April, 1918. The Pasudeco Sugar Central was finished in March, 1921, to serve as a central purchasing and pro ...

(PASUDECO) * Highland City - a development in Cainta,

Rizal Rizal, officially the Province of Rizal ( fil, Lalawigan ng Rizal), is a Provinces of the Philippines, province in the Philippines located in the Calabarzon region in Luzon. Its capital is the city of Antipolo. It is about east of Manila. The p ...

. * Maple Grove - a mixed use development in General Trias. * Southwoods City - a mixed use development in

Biñan Biñan (), officially the City of Biñan ( fil, Lungsod ng Biñan), is a 1st class Cities of the Philippines#Legal classification, component city in the Provinces of the Philippines, province of Laguna (province), Laguna, Philippines. According ...

Laguna Laguna (Italian and Spanish for lagoon) may refer to: People * Abe Laguna (born 1992), American DJ known as Ookay * Andrés Laguna (1499–1559), Spanish physician, pharmacologist, and botanist * Ana Laguna (born 1955), Spanish-Swedish ballet d ...

, consisting retail, residential developments, schools, a church, a cyberpark, a medical facility, open spaces, leisure facilities including a

Golf course A golf course is the grounds on which the sport of golf is played. It consists of a series of holes, each consisting of a tee box, a fairway, the rough and other hazards, and a green with a cylindrical hole in the ground, known as a "cup". Th ...

, and a own transport hub. In Visayas: * Boracay Newcoast- a mixed use leisure and residential resort development in

Boracay Boracay (; often locally shortened to Bora) is a resort island in the Western Visayas region of the Philippines, located off the northwest coast of Panay. It has a total land area of , under the jurisdiction of three barangays in Malay, Akla ...

Island. *

Iloilo Business Park Iloilo Business Park, also known just as Megaworld among the locals (after the developer's name), is a mixed-use master-planned community development in Mandurriao, Iloilo City, Philippines by Megaworld Corporation. It is located on the site o ...

- a development in

Iloilo City Iloilo City, officially the City of Iloilo ( hil, Siyudad/Dakbanwa sang Iloilo; fil, Lungsod ng Iloilo), is a 1st class highly urbanized city in the Western Visayas region of the Philippines on the island of Panay. It is the capital city of t ...

. * The Mactan Newtown - a development in

Mactan Mactan is a densely populated island located a few kilometers (~1 mile) east of Cebu Island in the Philippines. The island is part of Cebu province and it is divided into the city of Lapu-Lapu and the municipality of Cordova. The island is sep ...

Cebu Cebu (; ceb, Sugbo), officially the Province of Cebu ( ceb, Lalawigan sa Sugbo; tl, Lalawigan ng Cebu; hil, Kapuroan sang Sugbo), is a province of the Philippines located in the Central Visayas region, and consists of a main island and 167 ...

. *

The Upper East The Upper East, formerly the Bacolod-Murcia Milling Company Complex, is Megaworld's township and industrial estate development in Bacolod city, situated in the 34-hectare land owned by the Araneta Group. While the Araneta Group planned it to be th ...

- a joint- venture development in

Bacolod Bacolod, officially the City of Bacolod (; hil, Dakbanwa/Syudad sang Bacolod; fil, Lungsod ng Bacolod), is a 1st class highly urbanized city in the region of Western Visayas, Philippines. It is the capital of the province of Negros Occidenta ...

. Standing on a former sugar-processing complex owned by the

Araneta Group The Araneta family is a Filipino people, Filipino family that originated from Guipúzcoa, the Basque Country (autonomous community), Basque region of northern Spain. The name is derived from the Basque language, Basque word ''aran'' meaning "v ...

. In Mindanao: * Davao Park District - an development in

Davao City Davao City, officially the City of Davao ( ceb, Dakbayan sa Dabaw; ), is a first class highly urbanized city in the Davao Region, Philippines. The city has a total land area of , making it the largest city in the Philippines in terms of lan ...

Offices

* The Alliance Global Tower - in Uptown Bonifacio. * Torre Caleido in

Madrid Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

*The

in Makati CBD *

The World Centre The World Centre is an office skyscraper located in Makati, Philippines. It is owned by Megaworld Corp. It stands at 152.4 metres (500 feet), and is located on the largest central business district of the country. Design The World Centre building ...

Residential

* Two Central and Three Central towers * Manhattan Gardens - an 18-tower joint venture residential development with the

, occupying in the

Araneta City Araneta City (stylized in all lowercase), formerly and still commonly known as Araneta Center, is a Transit-oriented development, transit oriented, commercial Mixed-use development, mixed-use development in Quezon City, Philippines. Situated i ...

Controversies

Trademark dispute with Donald Trump

In 2007, Megaworld renamed a high-rise condominium project formerly called "The Trumps" into "One Central" after American real estate magnate and future U.S President

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pe ...

threatened legal action over the name, saying the name "Trump" is unmistakably associated with him.

References

External links

* {{Authority control Real estate companies of the Philippines Real estate companies established in 1989 Companies listed on the Philippine Stock Exchange Companies based in Bonifacio Global City