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...
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...
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...
The net income of RL Commercial REIT, Inc. (RCR), the Philippines’ largest real estate investment trust, almost quintupled, rising 393 percent to P3.13 billion in the first nine months of 2022 from P633.79 million in the same period last year. In a disclosure to the Philippine Stock Exchange, RCR...
RL Commercial REIT Inc. (RCR), the Philippines’ largest real estate investment trust, has finalized the infusion of the P5.9 billion Robinsons Cyberscape Gamma by its sponsor Robinsons Land Corporation (RLC). To be implemented via a property-for-share swap transaction, RLC will get 777.81 million...
RL Commercial REIT, Inc. (RCR), the Philippines’ largest real estate investment trust (REIT) in market capitalization, is acquiring two prime assets from its sponsor Robinsons Land Corp. for P7 billion. In a disclosure to the Philippine Stock Exchange on Thursday, March 10, the firm said the...
RL Commercial REIT, Inc. (RCR), the Philippines’ largest Real Estate Investment Trust (REIT), reported a net income of P1.68 billion for 2021—ahead of target—on the back of stable revenue stream and operational efficiency. In a disclosure to the Philippine Stock Exchange, RCR said it closed...
RL Commercial REIT, Inc. (RCR), the country’s largest Real Estate Investment Trust (REIT), declared a cash dividend amounting to P915.3 million—its second cash dividend. In a disclosure to the Philippine Stock Exchange, RCR said its Board of Directors approved the declaration of cash dividends...
RL Commercial REIT Inc. (RCR), the country’s largest Real Estate Investment Trust (REIT) and backed by Robinsons Land Corporation, declared its first cash dividend amounting to P616.8 million. Just over a month since its debut at the Philippine Stock Exchange, the RCR Board of Directors approved...
The share price of RL Commercial REIT, Inc. (RCR) hit at an all-time high, closing at P7.22 apiece on November 2 and 3, 2021. The record price is 11.94 percent higher than its initial public offering (IPO) price of P6.45 per share. The company market its successful debut at the Philippine Stock...
RCR gets Triple-A, investment-grade rating RL Commercial REIT, Inc. (RCR), the Philippines’ largest Real Estate Investment Trust (REIT) to date, has receiived the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook from Philippine Rating Services Corporation (PhilRatings). An...
RL Commercial REIT, Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, successfully listed its shares at the Philippine Stock Exchange with its share price holding steady amid a weaker market. 32437 RCR makes history as the Philippines’ largest publicly-listed REIT with a...