MREIT, Inc., the REIT company of township developer Megaworld, is set to acquire additional office assets worth around P20 billion this year, which will eventually increase its portfolio value by 34 percent from the current P58.5 billion to P78.5 billion by the end of 2022. These properties will come from various Megaworld townships across the country. MREIT president and chief executive officer Kevin Tan said MREIT is looking to surpass its target for 2022 in terms of asset injection. These new assets may include some of its “built-to-suit” properties, which are considered superior in both quality and lease tenure. These new properties have a multinational tenant base, which includes large financial, healthcare, technology and consulting firms. The firm earlier announced an additional 44,300 square meters by end of the year, but it is working to further bulk it up with more assets as it continuously looks for ways to increase dividend yields for its shareholders. (PR)