Mreit, Inc. · PSE:MREIT

Mreit — FY2024 Earnings Presentation

14 slides from Mreit's earnings presentation, 2025

  1. Slide 1: Full Year 2024

    A MEGAWORLD COMPANY FULL YEAR 2024

  2. Slide 2: 975,000 sqm

    975,000 sqm Ortigas 102 Makati 141 Taguig 138 Quezon City 130 South NCR 221 Other NCR Area 21 Provincial 222 2 Source: Colliers Report

  3. Slide 3: Tenant Breakdown

    Tenant Breakdown Tenant Breakdown Top 10 tenants 49% 3

  4. Slide 4: Financial Performance

    Financial Performance 4Q23 1Q24 2Q24 3Q24 4Q24 Rental Income-Billings Distributable Income 4

  5. Slide 5: Dividend Per Share

    Dividend Per Share 7.4% DIVIDEND DECLARATION P0.2505 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 04 APRIL 5

  6. Slide 6: Wave 3 Assets

    Wave 3 Assets TWO WEST CAMPUS TEN WEST CAMPUS ONE LEGRAND TWO FINTECH ONE FINTECH DAVAO FINANCE CENTER 9,332 SQM 36,277 SQM 48,292 SQM 18,053 SQM 18,088 SQM 26,074 SQM

  7. Slide 7: Strong Growth on Strategic Acquisitions

    Strong Growth on Strategic Acquisitions REVENUE RENTAL INCOME – BILLINGS DISTRIBUTABLE INCOME Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Existing Portfolio Wave 3 Assets 8 *From the newly-infused properties

  8. Slide 8: Diversified Portfolio Through Sustained Expansion

    Diversified Portfolio Through Sustained Expansion Post-Acquisition Value P76bn 55% Q122 Wave 1 Wave 2 Wave 3 (Post Acquisition) 9

  9. Slide 9: Our Target

    Our Target ONE 325k 482k MILLION 224k IPO 2023 2024 2027-2030 MREIT is looking to acquire additional 100,000 sqm GLA of assets this 2025. 10

  10. Slide 10: Large Pipeline for Acquisition

    Large Pipeline for Acquisition OFFICE GLA RETAIL GLA HOTEL (‘000 sqm) (‘000 sqm) (room keys)* * Including affiliates

  11. Slide 11: Green Building Certifications

    GREEN BUILDING CERTIFICATIONS 12

  12. Slide 12: Transition to Renewable Energy

    Transition to RENEWABLE ENERGY 13 Power Purchase Agreement with MPOWER for 100% renewable energy supply by March 26, 2025.

  13. Slide 13: Takeaways

    Robust rental income growth, driven by the successful acquisition and income recognition of six prime, PEZA-accredited office properties, reinforcing MREIT’s strong market position. Fourth-quarter surge in financial performance, with revenues up 34% YoY to P1.4 billion and distributable income risin

  14. Slide 14: Full Year 2024

    A MEGAWORLD COMPANY FULL YEAR 2024

MREIT — FY2024 Earnings Presentation on 6ix