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...
Robinsons Land Corporation (RLC) is optimistic about the prospects of the residential market and plans to launch one more luxury or middle-income condominium worth P5 billion to P12 billion before the end of the year. This comes after the better-than-expected sales performance of the P21 billion...
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...
Power retailer Manila Electric Co. (Meralco) announced it will continue its partnership with Robinsons Land Corp. (RLC) to supply electric services to its commercial and residential developments. Meralco said it created a comprehensive development plan that will support the power requirements of...
The Gokongwei Group’s property development arm Robinsons Land Corporation (RLC) plans to expand its residential, mall, and logistics businesses to the tune of P22 billion in capital expenditures. During the firm’s annual stockholders’ meeting, RLC President Lance Gokongwei said "In 2024, we...
Robinsons Land, one of the Philippines' leading property developers, has been announced as the Title Sponsor for the 15th Asia CEO Awards 2024, the largest business awards event in the Philippines and a premier event in Southeast Asia (Photo from Asia CEO Awards/Facebook) Robinsons Land, one of the...
Robinsons Land Corporation (RLC) posted a 53 percent jump in attributable net income to P4.07 billion in the first quarter of 2024 from the same period last year due primarily to a one-time gain. In a disclosure to the Philippine Stock Exchange, the firm said that, excluding one-time gain on the...
RLC Senior Controls and Compliance Manager Christian Lorenz C. Pacheco; RLC Digital Transformation Director Luzelle Artillero; RLC Corporate PR Director Roseann C. Villegas; RLC Head of Investor Relations Rommel Rodrigo; RLC Vice President and Deputy Compliance Officer Liza R. Gerella; RLC Chief...
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...
Robinsons Land Corporation (RLC) has expanded the gross floor area of Robinsons Metro East by 4,000 square meters with the opening of The Link which connects the mall to the The Pasig-Marikina Station of the Light Rail Transit Line 2 (LRT-2). In a statement, the firm said it has formalized the...
The Gokongwei Group’s property development arm Robinsons Land Corporation (RLC) reported a 24 percent growth in attributable net income to P12.06 billion last year despite lower revenues and a slower fourth quarter profit growth of seven percent growth to P3.22 billion. In a disclosure to the...
Kamille Abapo, Lloyd T. Tan, Cyndy Tan Jarabata, Jules Kay, and John Richard Sotelo (Photo courtesy of PropertyGuru PH) PropertyGuru recently unveiled the PropertyGuru Philippines Property Awards 2024 during a media presentation on March 7 at the Grand Hyatt Hotel in Taguig City. The 12th annual...
