Gokongwei-led Robinsons Land Corp. is raising ₱7 billion through a private placement of its shares in RL Commercial REIT Inc., clearing the path for further asset infusions as it seeks to triple the size of its real estate investment trust. In a disclosure to the Philippine Stock Exchange, RLC...
RL Commercial REIT Inc. will join the Philippine Stock Exchange index (PSEi), the nation’s 30-company benchmark, replacing Alliance Global Group Inc. as part of a semi-annual reshuffle of the local equity market’s gauges. The Philippine Stock Exchange announced the changes following review of...
The Securities and Exchange Commission (SEC) has amended the rules governing real estate investment trusts (REITs), expanding the scope of REIT-able income-generating assets and allowing the use of established investment structures, including unlisted special purpose vehicles (SPVs) and...
Investment & Capital Corporation of the Philippines (ICCP) expects a new wave of real estate investment trust listings to reach the local market, driven by proposed regulatory changes and the shifting interest-rate environment. The Securities and Exchange Commission (SEC) is moving to amend rules...
Gotianun-led Filinvest Land Inc. (FLI) reported that it has reinvested ₱1.86 billion raised from the share buyback and exchange for Filinvest REIT Corp. (FILRT) shares executed on Dec. 11, 2024. In a disclosure to the Philippine Stock Exchange (PSE), FLI said the transaction involved the...
DDMP REIT, INC. will be conducting its annual meeting of stockholders on December 19, 2025, Friday, at 3:30 P.M. through remote communication via Zoom. The link will be provided at least three (3) days prior to the meeting. Registration for the said meeting will be from 9:00 AM November 28 to 6:00...
DDMP REIT, INC. will be holding its annual meeting of stockholders on December 19, 2025, Friday, at 3:30 P.M. through remote communication via Zoom. The link will be provided at least three (3) days prior to the meeting. Registration for the said meeting will be from 9:00 AM November 28 to 6:00 PM...
The Securities and Exchange Commission (SEC) has issued for public comment its draft amendments to the rules governing real estate investment trusts (REITs), expanding the list of allowable assets and relaxing limitations on public ownership and the reinvestment period. The Commission released the...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Robinsons Land Corp. (RLC), raised its cash dividends to ₱5.37 billion after revenue jumped 30 percent in the first nine months of the year, driven by portfolio expansion. Unaudited revenue surged to ₱7.66 billion for the nine...
The Gokongwei Group’s property development arm, Robinsons Land Corp. (RLC), has raised ₱7.75 billion from the sale of one billion shares of RL Commercial REIT Inc. (RCR) to increase the real estate investment trust’s (REIT) public float. In a disclosure to the Philippine Stock Exchange (PSE),...
Citicore Renewable Energy Corp. (CREC) has energized the Philippines’ first solar baseload facility, a step toward increasing the share of renewable energy in the country 's power grid. The 197-megawatt peak (MWp) Citicore Solar (CS) Batangas 1 and its accompanying 320-megawatt-hour (MWh)...
Saavedra-led Megawide Construction Corp. is firming up its balance sheet after parent company Citicore Holdings Investment Inc. (CHII) and sister company Citicore Power Inc. (CPI) paid back ₱9.4 billion for advances made by the engineering firm in 2016. In a disclosure to the Philippine Stock...
