Citicore Energy REIT Corporation, the country’s first and largest renewable energy REIT, posted stable attributable profit of ₱358 million and revenues of ₱472 million, in line with the same period last year. “The stability of the Company’s performance is primarily attributed to a strong,...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Gokongwei-led Robinsons Land Corporation, is aiming to triple its market capitalization to ₱300 billion from the current ₱100 billion in three years through infusions of RLC’s offices and malls. In a media briefing after the...
Citicore Energy REIT Corporation (CREIT) declared cash dividends amounting to ₱320.7 million or ₱0.049 per common share, consistent with the same period last year. The firm disclosed to the Philippine Stock Exchange that the dividend represents income from its guaranteed lease revenues for the...
Robinsons Land Corp. (RLC) is gearing up for another infusion of assets into RL Commercial REIT Inc. (RCR) by selling ₱6.21 billion worth of the real estate investment trust’s shares to boost its public float. In a disclosure to the Philippine Stock Exchange, RLC said it has completed the...
Citicore Energy REIT Corp. (CREIT) reported that its net income inched up by two percent in 2024 due to property acquisitions and higher lease revenues from its renewable energy (RE) assets. In a disclosure to the Philippine Stock Exchange on Monday, March 31, CREIT said it posted a steady net...
These three women are lighting the way for a new era of energy leadership. Energy Undersecretary Rowena Cristina L. Guevara (center), Citicore Renewable Energy Corp (CREC) Chief Investor Relations Officer Abigail Joan R. Cosico (right), and ACEN Corp. Senior Vice President Irene S. Maranan (left)...
CREIT President and CEO Oliver Y. Tan Citicore Energy REIT Corporation (CREIT) declared dividends amounting to ₱360 million for the fourth quarter of 2024, bringing its total dividends last year to ₱1.32 billion. In a disclosure to the Philippine Stock Exchange, the firm said its latest...
Saavedra-led Citicore Energy REIT Corporation (CREIT), the country’s first renewable energy (RE) real estate investment trust, has been assigned a strong Issuer Credit Rating of PRS Aa plus (corp.), with a Stable Outlook by Philippine Rating Services Corporation. An Issuer Credit Rating is an...
RL Commercial REIT Inc. (RCR), the real estate investment trust of the Gokongwei Group, is looking forward to the infusion of 1.45 million square meters of gross leasable area (GLA) and 4,000 hotel rooms by its sponsor Robinsons Land Corporation. In a disclosure to the Philippine Stock Exchange,...
Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, expects Festival Mall to boost its profits by 30 percent and increase dividend payouts once the property-for-share swap with its sponsor, Filinvest Land, Inc. (FLI), is completed. In a disclosure to the...
The Gotianun Group is transferring ownership of its flagship Festival Mall-Main Mall in Filinvest City, Alabang, Muntinlupa City to Filinvest REIT Corporation (FILRT) in a P6.26 billion deal that marks the real estate investment trust’s entry into the retail leasing business. In a disclosure to...
Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, reported a 13.3 percent increase in new leases in the first nine months of 2024 compared to the same period in 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said this is largely...
