When it comes to dividend-paying stocks in the Philippines, MREIT (Megaworld REIT Inc.) continues to be one of the most closely watched. As the REIT arm of Megaworld Corporation, MREIT has consistently provided investors with a mix of stable income and exposure to the country’s fast-growing office portfolio.
But how is MREIT performing so far in 2025? And what can investors expect in terms of dividends for the rest of the year? Let’s break it down.
MREIT’s 2025 Performance So Far
Despite challenges in the local property and office leasing market, MREIT has maintained solid fundamentals this 2025. The company’s office occupancy rate remains strong, particularly across its strategic Megaworld townships such as McKinley Hill, Iloilo Business Park, and Uptown Bonifacio.
According to its latest financial disclosures, MREIT’s rental revenues and net income have continued to post year-on-year growth—driven by stable tenant demand from BPOs and corporate offices. This allowed the REIT to sustain its attractive dividend policy despite market headwinds.
Dividend Yield and Payout
MREIT remains one of the higher-yielding REITs on the PSE, offering a dividend yield of around 6.5% to 7% as of 2025 (depending on current market price). This figure puts it in line with or even slightly above competitors such as AREIT and RL Commercial REIT.
Dividends are declared quarterly, and as usual, MREIT maintains its payout ratio close to 90% of distributable income—in line with REIT regulations. For investors who prefer regular cash flow, this makes MREIT an appealing choice for long-term income investing.
Expansion and Growth Plans
MREIT continues to pursue its portfolio expansion plans, targeting more Megaworld-developed office assets to be infused into the REIT. New assets are expected to come from township developments in Iloilo and Pampanga, which would further increase leasable space and strengthen rental income streams.
These future infusions could help drive both dividend growth and potential capital appreciation for investors in the long run.
Outlook for the Rest of 2025
The outlook for MREIT remains cautiously optimistic. While interest rates remain high and office demand is not yet back to pre-pandemic levels, the REIT’s steady tenant base and connection to the Megaworld ecosystem provide a safety cushion.
Investors can expect MREIT to sustain its dividend payouts through the year, with slight potential for increases if expansion projects materialize as planned.
If you’re looking for stability, predictable cash flow, and exposure to premium office properties, MREIT remains a reliable choice in the Philippine REIT market.
Blogger’s Corner
I personally find MREIT to be an interesting middle ground between high-yield and blue-chip REITs like AREIT. While AREIT has stronger diversification and longer track record, MREIT’s yield is slightly higher—making it a good option for those who want a bit more return potential without going too risky.
Just remember, REIT investing works best for those who are patient. Dividends won’t make you rich overnight, but over time, they can build a steady stream of passive income—especially when you reinvest those payouts.