#Jose Franco Soberano
Cebu Landmasters to disrupt Luzon market with ₱12-billion housing investment
VisMin developer Cebu Landmasters Inc. (CLI) is allotting ₱15 billion for capital expenditures (capex) this year to fund the construction of ongoing and upcoming projects, land banking, and its entry into the Luzon market.
CLI secures ₱5-billion SLB to double affordable housing portfolio by 2028
VisMin developer Cebu Landmasters Inc. (CLI) has raised ₱5 billion from the issuance of sustainability-linked bonds (SLB) that will be used to build 16,000 affordable homes.
CLI ramps up hotel expansion in preparation for REIT offering
VisMin developer Cebu Landmasters Inc. is aiming to grow its hotel portfolio by fivefold to almost 2,700 to 3,000 rooms in three years as part of plans to have enough recurring income assets for its planned real estate investment trust (REIT).
CLI to raise P10 billion from sustainability-linked bonds this year
Cebu Landmasters Inc. is raising P10 billion from the capital market this year through the issuance of sustainability-linked bonds in two tranches to fund its entry to the Luzon market as well as capital expenditures for its ongoing projects in Visayas and Mindanao.
Cebu Landmasters allots P12 billion for entry into Luzon market
Cebu Landmasters Inc. is marking its emergence as a national player in the property development business with planned investments amounting to P12 billion for two projects in Luzon this year.
Cebu Landmasters posts 7% profit growth, driven by VisMin demand
Leading VisMin developer Cebu Landmasters Inc. (CLI) reported a seven percent improvement in attributable net income to P2.3 billion in the first three quarters of 2024 from the P2.2 billion earned in the same period last year.