Megaworld Corporation, a big company that builds office towers and communities in the Philippines, just announced some exciting news. Mead Johnson Nutrition Philippines, a famous American company that makes baby milk and nutrition products, is moving its main office to Megaworld’s Uptown Bonifacio township in Taguig City.
According to the disclosure filed with the Securities and Exchange Commission on April 7, 2026, Mead Johnson will set up their new Philippine headquarters at the newly completed Uptown Eastgate tower.
What is Mead Johnson?
Mead Johnson is part of Reckitt, a big consumer health company from the United Kingdom. You might know some of their products! Reckitt makes well-known brands like Lysol (the cleaning spray), Strepsils (throat lozenges), and most importantly, Mead Johnson’s baby nutrition products such as Enfamil, Lactum, and Sustagen that many Filipino families use.
Why is This Move Important?
Mead Johnson is joining a very impressive list of companies. They’re becoming neighbors with some of the world’s biggest businesses, also known as Fortune 500 companies. These include JPMorganChase (a big bank), Google (the search engine company), Tesla (the electric car maker), and Coca-Cola (the soft drink company). All of these major companies have chosen Uptown Bonifacio as their Philippine base of operations.
About the Uptown Eastgate Building
The building where Mead Johnson is moving is pretty special. Uptown Eastgate is a 31-story tower that has earned a “LEED Gold Certification,” which means it’s built to be environmentally friendly and sustainable. It’s actually the largest single office building available for rent in the entire Bonifacio Global City (BGC) area.
The tower has 100,000 square meters of office space available. To help you imagine how big that is, each floor can fit up to 5,000 square meters of office space – that’s the biggest single-floor office space you can rent in the area! The building has modern features, sustainable design, and smart technology systems that big international companies need.
Megaworld’s Growing Office Business
Francis Roxas, who leads Megaworld Global Offices, explained why so many big companies want to be in Uptown Bonifacio. He said it’s because the township offers everything a company needs: modern offices, shopping areas, restaurants, and residential buildings all in one place. The buildings meet international standards, making it perfect for big companies from other countries.
Right now, Uptown Bonifacio already has more than 30 major companies across seven office towers, and these companies employ over 60,000 people – that’s like filling a huge stadium with workers!
In the entire BGC area, Megaworld is the biggest office landlord. They manage almost 900,000 square meters of office space in BGC alone. To put that in perspective, that’s more than half of all the office space Megaworld owns across the entire Philippines, which totals 1.7 million square meters, according to CBRE Philippines (a company that tracks real estate information).
Strong Performance in 2025
Megaworld’s office business did very well in 2025. The company earned P14.9 billion from renting out office spaces, which was 11% more than the previous year. This increase came from new buildings, rent increases, contract renewals, and more companies (especially BPO firms and multinational corporations) renting space in their townships.
The company also achieved the top spot as the number one office lessor in the Philippines in 2025. According to CBRE, Megaworld closed 162,000 square meters worth of office rental deals – the most in the industry. These deals included expansions from top BPO companies (Business Process Outsourcing – companies that handle customer service and other business operations) and multinational firms.
Megaworld didn’t just lead in Metro Manila – they were also ranked number one in key provincial areas including Pampanga, Bacolod City, Iloilo City, and Davao City.
About Megaworld Corporation
Megaworld Corporation (stock symbol: MEG) is one of the Philippines’ leading real estate companies. They build what are called “integrated townships” – these are like mini-cities that have offices, condominiums, shopping malls, hotels, and entertainment areas all in one place. As of the filing, Megaworld has 32,445,090,872 common shares and 6,000,000,000 preferred shares outstanding, for a total of 38,445,090,872 shares.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
