Property giant Megaworld Corporation reported historic earnings growth for the first half and second quarter of 2025, driven by strong performances across its residential, leasing, and hospitality segments.

Net income for the first half rose by 23% year-on-year to ₱12.09 billion, while Q2 profits jumped 31% to ₱6.26 billion. Consolidated revenues grew by 10% to ₱43.09 billion for both periods.

“Our strong first half and second quarter results reaffirm the strength and adaptability of our township strategy,” said Lourdes Gutierrez-Alfonso, President and CEO of Megaworld. “We remain focused on driving exceptional performance in all our core segments.”

Leasing operations continued to lead growth:

• Megaworld Premier Offices posted a 17% increase in 1H revenues to ₱7.40 billion, and an 18% rise in Q2 to ₱3.7 billion, fueled by nearly 100,000 sqm of new leases from top BPOs and multinational firms, including Fortune 500 companies.
• Megaworld Lifestyle Malls saw leasing revenues climb 10% in 1H to ₱3.33 billion and 9.4% in Q2 to ₱1.67 billion, backed by increased foot traffic and premium tenant openings like Nitori, 8Seconds, and KKV. The opening of the Imperial Wing at Lucky Chinatown also boosted growth.

Hospitality revenues rose 19% to ₱2.81 billion in 1H and 12% to ₱1.39 billion in Q2, thanks to higher room rates and occupancy. The company also announced a strategic partnership with global hotel brand Accor to elevate its hospitality portfolio.

Real estate sales rose 9% to ₱27.12 billion in 1H and 10% to ₱14.03 billion in Q2, driven by strong residential demand in Metro Manila and provincial townships such as Uptown Bonifacio, McKinley Hill, Eastwood City, Iloilo Business Park, and The Upper East Bacolod.

In a major expansion, Megaworld launched its 36th township, Nascala Coast, a 116-hectare, ₱5-billion beachside development in Nasugbu, Batangas through its subsidiary Global-Estate Resorts, Inc. (GERI).

“What excites us most is the broad-based strength we are seeing—offices, malls, residential, and hotels are all growing. We’re scaling with more smart, integrated, and sustainable developments,” Gutierrez-Alfonso added.

Megaworld now manages 36 townships nationwide covering 7,000 hectares, and aims to grow its leasing portfolio to 3 million sqm by 2030—2 million sqm for offices and 1 million sqm for retail. The company’s total assets now stand at nearly ₱500 billion as of end-June 2025.