VisMin developer Cebu Landmasters Inc. (CLI) is allotting ₱15 billion for capital expenditures (capex) this year to fund the construction of ongoing and upcoming projects, land banking, and its entry into the Luzon market. In an interview, CLI Chief Finance Officer Grant Cheng said,...
VisMin developer Cebu Landmasters Inc. (CLI) has raised ₱5 billion from the issuance of sustainability-linked bonds (SLB) that will be used to build 16,000 affordable homes. In an interview after the listing of the bond at the Philippine Dealing & Exchange Corp. (PDEx), CLI Executive Director...
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...
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 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...
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) 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...
VisMin developer Cebu Landmasters Inc. (CLI) has opened the P2 billion Citadines Bacolod City, its first hotel outside Cebu City and the largest international hotel in Negros. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it is expanding its footprint in the Visayas and...
VisMin developer Cebu Landmasters Inc. is expanding its high-end residential business while biding its time for its planned public offering of shares of its real estate investment trust (REIT) for hotels and commercial properties. CLI Chairman and CEO Jose Soberano III During the firm’s annual...
VisMin developer Cebu Landmasters Inc. (CLI) has raised P4.28 billion from its follow-on offering of preferred shares including the exercise of the oversubscription option to meet demand. The company formally listed its Series A-1 and Series A-2 Preferred shares on April 12, 2024, after a listing...
Leading VisMin developer Cebu Landmasters Inc. (CLI) of the Soberano family posted a 28 percent growth in consolidated net income for the first nine months of the year to P3 billion from the P2.4 billion recorded in the same period last year. In a media and analysts briefing, CLI said its...
