JG Summit Holdings President and CEO Lance Gokongwei is taking over the helm of real estate unit Robinsons Land Corporation (RLC) after Frederick D. Go resigned from the post to join the Marcos administration. In separate disclosures to the Philippine Stock Exchange (PSE), RLC and RL Commercial...
DDMP REIT, INC. will be conducting its annual meeting of stockholders on December 13, 2023, Wednesday at 10:30 AM through remote communication via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
DDMP REIT, INC. will be holding its annual meeting of stockholders on December 13, 2023, Wednesday at 10:30 AM through remote communication via Zoom. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Filinvest REIT Corp.'s (FILRT) net income for the first nine months of this year plummeted by 34.5 percent to P721 million from P1.1 billion in the same period in 2022. In their disclosure to the Philippine Stock Exchange (PSE), their revenues also decreased by 11 percent to P2.22 billion this year...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, reported a four percent improvement in revenues to P4.1 billion in the first nine months of the year. However, the firm has yet to disclose its net income for the period to the Philippine Stock Exchange...
The Department of Finance (DOF) has highlighted the significant contribution of real estate investment trusts (REITs) to the country's economic recovery and infrastructure modernization. Finance Secretary Benjamin E. Diokno said that REIT investments are playing a vital role in fueling property...
DDMP REIT Inc. announced that it has received payment of ₱55.26 million as rental deposits for 15,100 square meters or 1.51 hectares of new office space lease with total lease value of ₱798.81 million. The new office space lease take up is expected to form part of the goal of DDMP REIT Inc. to...
Filinvest REIT Corporation (FILRT), the Gotianun group’s real estate investment trust, reported a 20.5 percent drop in net income to P561 million in the first half of 2023 from P706 million in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said earnings were...
Citicore Energy REIT Corp. has listed at the Philippine Dealing and Exchange Corp. (PDEx) its maiden ASEAN Green Bond offering which raised P4.5 billion for its expansion program. In a disclosure to the Philippine Stock Exchange, the firms aid the offer was oversubscribed, with the P1.5 billion...
Robinsons Land Corporation’s RL Commercial REIT, Inc. (RCR), the Philippines’ largest real estate investment trust, reported a 162 percent jump in unaudited net income to P4.4 billion last year from P1.68 billion in 2021. In a disclosure to the Philippine Stock Exchange, the firm said the P4.4...
The House Committee on Economic Affairs on Tuesday, Feb. 7, approved, subject to style and corresponding committee report thereof, a proposed bill amending The Real Estate Investment Trust (REIT) Act of 2009 to ensure the reinvestment of proceeds from the sale of REIT shares in the Philippines....
RL Commercial REIT (RCR), the real estate investment trust sponsored by Robinsons Land Corporation, has earned its second EDGE certification from Philippine Green Building Initiative Inc. (PBGI). The REIT said its office tower Cyberscape Beta was awarded its EDGE certificate after an assessment of...
