The public listing of the Philippines’ fourth real estate investment trust (REIT) company amid the lingering pandemic confirms investor optimism in the country’s solid recovery, the government’s chief economic manager said. At the listing ceremonies in the Philippine Stock Exchange (PSE) on...
Robinsons Land Corp. sponsored real estate investment trust (REIT), RL Commercial REIT, has started its offer period after it secured an approval from the Securities and Exchange Commission (SEC). The initial public offering is up to Php 23.53 Billion. Details of the final REIT plan may be accessed...
RL Commercial REIT, Inc. (RCR) has kicked off its P23.5 billion initial public offering which has generated strong institutional interest following its book-building process. 28461 In an interview, RCR Chairman and President of sponsor Robinsons Land Corporation Frederick D. Go said in a media...
The Gokongwei Group’s RL Commercial REIT Inc. (RCR) has set its final initial public offering price at P6.45 per share, making it the country’s largest real estate investment trust with a market capitalization of P64.2 billion. The firm is raising up to a total of P23.51 billion from its maiden...
It has been said that 2021 is the year of the REIT (real estate investment trust)`after two initial public offerings with a combined market capitalization of P74.36 billion plus two more IPOs in the pipeline with a maximum combined market cap of P128.43 billion. Makati CBD skyline These four IPOs...
The private sector is doing its share to ramp up the vaccination of Filipinos before they get infected with the coronavirus disease (COVID-19). A Manila resident gets vaccinated a vaccination hub located at the Justo Lukban elementary school in Paco Manila on August 8, 2021. (Ali Vicoy/Manila...
The Land Transportation Franchising and Regulatory Board (LTFRB) said drivers and operators of public utility vehicles (PUVs) will no longer have to pay terminal fees in some malls during the two-week enhanced community quarantine (ECQ) in Metro Manila. (File photo/ MANILA BULLETIN) In a statement,...
Robinsons Land Corporation (RLC), the real estate arm of the Gokongwei group of companies, reported a 48 percent jump in net income to P5.45 billion for the first six months of 2021. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose by 55 percent to P26.00...
The Securities and Exchange Commission (SEC) has approved the planned initial public offerings (IPO) of real estate investment trusts (REIT) sponsored by Robinsons Land Corporation (RLC) and Megaworld Corporation with a combined value of P54 billion. The Commission En Banc resolved to render...
Good news to those planning to register for the May 2022 polls. Comelec/MB The Commission on Elections (Comelec) on Wednesday, July 28, released the updated list of Robinsons malls that will hold mall voter registration activities as well as their respective schedules. Here are the additional malls...
The local information technology and business process management (IT-BPM) sector has been fuelling the growth of the Phillippine office market amid the pandemic and is seen to continue expanding as the global economy recovers. The outsourcing sector had a 37 percent share in total office...
Know the schedule of mall registration in your area which will start this month. Comelec/MB The Commission on Elections (Comelec) on Thursday, July 15, released the initial list of voter registration booths to be established in selected Robinsons Malls nationwide. "We are happy to announce that...
