Wednesday, 2 July 2014

A Brief History About Megaworld Corp.


Megaworld Corporation is a real estate company in the Philippines mainly engaged in developing large-scale mixed-use strategic communities, incorporating residential, commercial, educational, and leisure components. In addition, it engages in activities such as project design, construction oversight, and property management.

Megaworld Properties & Holdings Inc. was founded by Andrew Tan and was incorporated on August 1989, essentially aimed at engaging in real estate development, leasing, and marketing. In 1994, it spun off  a subsidiary company which focused on the middle income market named Empire East Land Holdings Inc. The company changed its name to Megaworld Corporation in line with its conversion from a purely real estate company to a holdings company, though the company's core focus continues to be on real estate, on the 19th of August in 1999.




Megaworld has won several awards for good corporate management. Testament to Megaworld’s industry leadership is the numerous awards received through the years. Among its accolades are being named Best-managed Philippine Company by Finance Asia (1999, 2001, 2004 and 2007),Euromoney (2003), and Asiamoney (2007). It was also named Best in Investor Relations by Finance Asia (1999, 2004, 2006, 2007) and Asiamoney (2004, 2007).

Today, the Megaworld brand reflects the proud achievements of a property company whose various projects have enhanced the urban landscape—providing the living, working and leisure environments that allow families to enjoy life better and businesses to thrive and grow.


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