VisMin developer Cebu Landmasters Inc. (CLI) has been included in the ATRAM Philippine Sustainable Development Growth Fund as a nod to its commitment to sustainability. The fund, managed by ATRAM, selects the top 20 listed companies that demonstrate strong environmental, social, and governance...
Dusit Princess Firenze in Cagayan De Oro (Artist perspective/Dusit website) For property firms with real estate investment trusts (REITs), Colliers Philippines is pushing for the addition of hotel assets as an integral part of their diversification strategies. The real estate services and...
VisMin developer Cebu Landmasters Inc. is aiming to grow its hotel portfolio by fivefold to almost 2,700 to 3,000 rooms in three years as part of plans to have enough recurring income assets for its planned real estate investment trust (REIT). In an interview, CLI Chairman and CEO Jose Soberano III...
Cebu Landmasters Inc. is raising P10 billion from the capital market this year through the issuance of sustainability-linked bonds in two tranches to fund its entry to the Luzon market as well as capital expenditures for its ongoing projects in Visayas and Mindanao. In a media interview, CLI...
Cebu Landmasters Inc. is marking its emergence as a national player in the property development business with planned investments amounting to P12 billion for two projects in Luzon this year. In a press briefing, CLI Chairman and CEO Jose Soberano III said they will be developing an horizontal...
VisMin developer Cebu Landmasters Inc. (CLI) has joined the growing number of companies offering co-working spaces in response to increasing demand for flexible work arrangements. In a disclosure to the Philippine Stock Exchange (PSE), the firm announced the launch of WorkNook, its first co-working...
VisMin developer Cebu Landmasters Inc. is planning to raise up to P5 billion from the planned issuance of Sustainability-Linked Bonds which will be the second tranche of its three-year Shelf Registration program amounting to P15 billion. Philippine Rating Services Corporation (PhilRatings) said it...
CEBU CITY – A Cebu-based real estate giant has sought a court injunction to stop a contractor’s initial step of foreclosing an integrated beachfront condominium project in a coastal village in Lapu-Lapu City, Cebu. In a 15-page Petition for Permanent Injunction, the Cebu Landmasters Inc. (CLI)...
Leading VisMin developer Cebu Landmasters Inc. (CLI) reported a seven percent improvement in attributable net income to P2.3 billion in the first three quarters of 2024 from the P2.2 billion earned in the same period last year. In an online media briefing from Cebu, CLI Executive Vice President and...
VisMin developer Cebu Landmasters Inc. (CLI) posted a 24 percent increase in net income to P1.7 billion in the first half of 2024 from the P1.37 billion registered in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its first half revenue also grew by...
VisMin developer Cebu Landmasters Inc. (CLI) has forged a P373.59 million joint venture with landowner Martinez Agricultural Corporation (MAC) to develop a mixed-use condominium project. In a disclosure to the Philippine Stock Exchange (PSE), CLI said it has signed a Joint Venture Agreement with...
VisMin developer Cebu Landmasters, Inc. (CLI) reported that its Velmiro Heights Davao, its second horizontal project in Davao City, sold out in just two days, generating P2.7 billion in sales. In a disclosure to the Philippine Stock Exchange, the firm said the 362-unit Velmiro Heights Davao...