Robinsons Land Corporation

Robinsons Land Corporation (RLC) was incorporated on June 4, 1980 to serve as the real estate investment arm of JG Summit and its subsidiaries. RLC has four wholly-owned consolidated subsidiaries consisting of Robinsons Inn, Inc., Robinsons Realty and Management Corporation, Robinsons (Cayman) Limited, and Robinsons Properties Marketing and Management Corporation, and a 51%-owned company, Altus Angeles, Inc.

RLC has adopted a diversified business model, with both an "investment" component in which the company develops, owns and operates commercial real estate projects, and a "development" component in which RLC develops residential real estate projects for sale. RLC's operations are further into five business divisions, namely, commercial centers, office buildings, residential buildings, housing and land development, and hotels.

Source: SEC Form 17-A (2009)

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Robinsons Land allots more space for BPOs

GOKONGWEI-LED property giant Robinsons Land Corp. has made available more than 20,000 square meters (sq. m.) of new office space within its malls.

More office space that can be built in existing commercial centers will cater to increasing demand from continuous expansion of business process outsourcing (BPO) firms in the country, the company said in a statement yesterday.

“Robinsons Land has three mall-based BPO properties ready for occupancy at Otis in Manila, Tarlac City and Davao City,” the property firm said. “The three malls have a total of more than 21,000 sq. m.

available for office where tenants can enjoy the convenience of shopping and dining as well as the benefits of Philippine Economic Zone Authority zone incentives,” it added.

Robinsons Otis is offering three levels of office space with a total leasable area of 10,900 sq. m. The leasing space, which is within the University Belt that is composed of more than 40 colleges and universities, will allow firms to easily hire new employees.

For its part, Robinsons Luisita in Tarlac City has 5,310 sq. m. of available space on two levels that are also ideal for the BPO sector.

“Strategically located and accessible via the Subic-Clark-Tarlac Expressway and McArthur Highway, it is the only commercial center with BPO space in Tarlac City,” Robinsons Land said.

Furthermore, Robinsons Cybergate Davao has allotted 5,200 sq. m. of leasable office space. “Other than Metro Manila, Davao City is the only city in the country with a population of over a million,” the property developer said.

Davao also scored the highest among the top 10 “Next Wave Cities” for BPOs outside Metro Manila, data from the Business Processing Association of the Philippines (BPA/P) show.

Moving forward, the property developer aims to expand its portfolio by setting up new BPO office leasing space in other existing malls.

Robinsons Land said “numerous Robinsons complexes nationwide are also ideal settings for build-to-suit BPO buildings.”

In Visayas, the Gokongwei-led firm can develop BPO offices in Robinsons Place Tacloban, Dumaguete, Bacolod and Iloilo, which are large shopping centers in the region. “Ample spaces within these complexes will address the desire of companies to have their own office building designed according to their preferences and needs,” Robinsons Land said.

BPO office space in shopping malls will add inventory to Robinsons Land, which is building the Cyberscape Alpha and Cyberscape Beta buildings in Ortigas Center that will have 80,000 sq. m. of office space and will cost P4 billion.

Cyberscape Alpha will be composed of 23 storeys while Cyberscape Beta will be at 36 storeys. Both towers that will cater to the BPO sector are located at the Ortigas central business district.

As of end-2010, the local BPO industry employs 525,000 skilled workers, data from the Contact Center Association of the Philippines and BPA/P show.

The new projects will bring the total number of office buildings of the company in Ortigas Center to four.

Robinsons Land, the property arm of listed JG Summit Holdings, Inc., is into shopping malls, hotels and office space leasing. Its January to March earnings reached P1.02 billion, up from P927.25 million in the previous year. The latest figures brought net income for the first half of its fiscal year that will end in September to P2.04 billion, up by 13% from P1.8 billion year on year.

Shares in the property developer sank by 4.44% or 52 centavos to P11.18 apiece on Friday. -- Neil Jerome C. Morales
Naku mam wag ka muna dyan mukhang me hulas pa
Two possible patterns for RLC:
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vester yung gusto mong example isa na eto a pattern within a pattern
tnx sir SmileSmileSmile
Government remains keen on P13-B FTI land sale

The government remains keen on selling the Food Terminal Inc. (FTI) property in Taguig within the year.

John Philip Sevilla, Finance undersecretary for privatization and the Corporate Affairs Group, told reporters the Aquino administration was looking at an “outright sale.”

“The P13-billion floor price remains the same as of this time,” Sevilla said.

The Arroyo administration tried to sell the property, too, at the same price but there were no bidders.

There are reports that big property developers Ayala Land Inc., SM Group, Robinsons Land Corp., Megaworld Corp. and Filinvest Land Inc. have all “formally” expressed interest in the property but nothing concrete has been made so far.

Sevilla clarified that FTI’s privatization plan has not been put on hold, contrary to reports, but was just delayed since the Aquino administration has been preoccupied with its Public-Private Partnership Program.

The Aquino administration said it was privatizing FTI to boost the country’s economic activity.

“In terms of raising revenues, the privatization of FTI is not urgent, but in terms of boosting the economy, yes, it is important that it is privatized this year. About 75 percent of the property is currently idle…somebody else could be investing there,” Sevilla said.
Go hotels will boost profit together with their new malls in the province. Nice to invest in I say.
The World is a Vampire . . .
Agree with Boss Arthas, cut loss nako kanina @ 12.00 marami na gusto umexit dito sa tingin ko bababa pa ito....not the right time yet
nang aalaska si RLC kng kailan ko naibenta saka nagising, rsi 57.27 na siya at above 50ma na (hango sa webinar transcript ni Idol Spy) hehehe
Na dale ka ni Mr. Market! I read somewhere " Do not love your stock too much, for you never know when they will stop loving you haha!
The World is a Vampire . . .

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