Megaworld Corporation, together with its subsidiaries, develops, sells, and leases real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces. The company is also involved in the leasing of office and commercial spaces; and property-related activities, such as project design, construction, and property management, as well as provision of business process outsourcing, educational facilities, restaurant operation, marketing, and e-commerce activities. In addition, it owns and manages hotels. The company was formerly known as Megaworld Properties & Holdings, Inc. and changed its name to Megaworld Corporation in August 1999. The company was incorporated in 1989 and is based in Taguig City, the Philippines. Megaworld Corporation is a subsidiary of Alliance Global Group, Inc.