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Property developer Megaworld Corp. said Monday it plans to expand its leasing portfolio to 3 million square meters of gross leasable area for both office buildings and malls by 2030.Megaworld executive vice president and chief strategy officer Kevin Tan said during the company’s annual stockholders’ meeting the group’s gross leasable area for office spaces is expected to reach 2 million sq. m. by 2030, while the gross leasable area for malls is seen expanding to 1 million sq. m.
The planned new office stocks will be located within the group’s township projects in Bulacan, Pampanga, Cavite, Bacolod and Metro Manila.The new retail spaces will rise in Cavite, Rizal, Pampanga, Bulacan, Bacolod, Cebu, Davao, Boracay and Palawan. The company expanded its office portfolio under Megaworld Premier Offices by 69,000 sq. m. of GLA to 1.5 million sq. m. in 2023, after the successful turnover of the International Finance Center in Uptown Bonifacio.
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