Economy

Megaworld Corp. says seven of its buildings are certified for healthiness

MEGAWORLD Corp.’s 8 Forbes Town

LISTED developer Megaworld Corp. said it now has seven buildings certified for their resiliency, safety and healthiness as issued by accreditor Healthy by Design Building Institute (HDBI).

In a press release, the developer said six of its office buildings and one of its residential condominiums received their “IMMUNE Building Standard.”

Three of its office buildings — 1800 Eastwood Avenue, 1880 Eastwood Avenue and eCommerce Plaza, located in Megaworld’s 18.5-hectare Eastwood City — were given IMMUNE “Powerful” or four-star certification.

Meanwhile, three buildings in the 50-hectare McKinley Hill — One World Square, Two World Square and Three World Square — received a “Resilient” or five-star certification.

Eight Forbes Town Road, a residential building of Megaworld within the five-hectare Forbes Town, also received a “Resilient” or five-star certification.

According to the company, it expects to receive two more IMMUNE certifications for its 8/10 Upper McKinley and 18/20 Upper McKinley once HDBI completes its assessment this month.

All of the seven certified buildings are under the portfolio of Megaworld’s real estate investment trust, MREIT, Inc.

The certification is said to “help mitigate the effects of pandemics and other bacteriological and toxicological health threats by creating and promoting healthy buildings of the future.”

It measures the indoor environment parameters, devices and available technologies, specialized equipment, dedicated personnel and amenities that promote operation and health rules.

The certification has three labels, which are “Strong” for three stars, “Powerful” for four, and “Resilient” for five stars. — Justine Irish D. Tabile

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:

TheProficientInvestor.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top