Philippine Tycoon Andrew Tan’s Megaworld Seeks $565.5 Million From Call Center REIT Listing

Megaworld—the developer controlled by billionaire Andrew Tan—is spinning off some of its office properties into a real estate investment trust that would raise 27.3 billion pesos ($565.5 million) from an initial public offering, joining the IPO bandwagon of other real estate tycoons.
Megaworld—the developer controlled by billionaire Andrew Tan—is spinning off some of its office properties into a real estate investment trust that would raise 27.3 billion pesos ($565.5 million) from an initial public offering, joining the IPO bandwagon of other real estate tycoons.