The Gokongwei Group’s Robinsons Land Corporation (RLC) is investing P3.5 billion this quarter to acquire land for an integrated development in Taguig City. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the investment will be reallocated from funds it raised from the...
The Department of Energy (DOE) has issued certifications for energy projects of national significance (CEPNS) to at least 13 major renewable energy (RE) projects of publicly listed Citicore Renewable Energy Corp. (CREC) - and that will enable the company to fast-track commercial development of...
Filinvest REIT Corporation, the real estate investment trust of the Gotianun Group, registered a seven percent improvement in net income to P601 million in the first six months of 2024 from the P561 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, has entered a lease expansion contract with New Zealand-based Building Engineering and Design Co. (BEDC). In a disclosure to the Philippine Stock Exchange (PSE), the firm said BEDC is a leading...
RL Commercial REIT Inc. (RCR) and its sponsor, Robinsons Land Corporation, consummated on July 16, 2024, their third property-for-share swap transaction worth P33.92 billion, although regulatory approval is still needed to complete the deal. In disclosures to the Philippine Stock Exchange (PSE) on...
Filinvest REIT Corp. (FILRT) has signed a lease agreement with Singapore-based Gear Inc., a global player in business process outsourcing (BPO) established in 2007. In a disclosure to the Philippine Stock Exchange (PSE), FILRT said Gear Inc. powers business growth with over 6,000...
The Gokongwei Group’s real estate investment trust RL Commercial REIT Inc. (RCR) is acquiring 13 malls and office assets worth P33.92 billion from its sponsor Robinsons Land Corporation (RLC) through a stock-for-asset swap. RCR President and CEO Jericho P. Go RCR President and CEO Jericho P. Go...
Citicore Energy REIT Corporation (CREIT) reported an 18 percent growth in net income to P359.27 million in the first quarter of 2024 from P304.95 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said it posted a 26 percent increase in revenues at P473...
Filinvest Land Inc. (FLI), the Gotianun Group’s listed property developer, has entered a joint venture with KMC Community Inc. (KMC), a global co-working space provider, to launch Our Space Solutions Inc. (OSSI). In a disclosure to the Philippine Stock Exchange, FLI said this strategic...
Filinvest REIT Corp. (FILRT), the real estate investment trust of the Gotianun Group, reported the successful transition of five of its office building properties to renewable energy sources under the Government’s Green Energy Option Program (GEOP). In a disclosure to the Philippine Stock...
The Gotianun Group’s real estate investment trust Filinvest REIT Corporation (FILRT) is waiting for the equities market to recover and for its stock price to improve before acquiring more assets via share swap. “A number of assets have been identified for infusion into FILRT that are subject to...
Robinsons Land Corporation (RLC), the property development arm of the Gokongwei Group, has reduced its stake in RL Commercial REIT Inc. (RCR) to 50.05 percent after selling a 16 percent interest for P8.49 billion. The firm disclosed to the Philippine Stock Exchange (PSE) that it has completed the...
