LISTED property developer Megaworld Corp. said on Thursday it is slated to open 13 new malls in the next three years in line with its target to hit 28 malls by 2020. To date, Megaworld already has 13 malls erected across the country—with the soon-to-open Southwoods Mall its 14th development. “We’re set to open another 13 malls up until 2020 so we’ll be expanding our footprint to 28 malls in three years,” Megaworld Lifestyle Malls head and senior vice president Kevin Tan told The Manila Times during a media preview of its newest commercial leasing project in Laguna, which is slated to open by end-September. Southwoods Mall is a 58,000-square meter (sqm) project located in Megaworld’s only fully-integrated township, Southwoods City. Megaworld is one of the property units of magnate Andrew Tan under his umbrella conglomerate Alliance Global Group, Inc.

Source: Manila Times September 01, 2017 17:37 UTC