NEWS & UPDATES

We share with you regular news and updates on our company performance and the progress of our developments.

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  • Cebu Landmasters breaches 2018 sales target

    January 15, 2019

    MANILA, Philippines — Cebu Landmasters Inc. (CLI), the listed property developer focused on the Visayas and Mindanao region, has exceeded its reservation sales target for 2018 of P7 billion. In a disclosure yesterday, CLI said it churned in P8.54 billion reservation sales last year, surpassing its P7 billion target by 22 percent and exceeding the …

  • FINANCIAL ADVISER: 5 WAYS TO BUILD THE NEXT MULTI-BILLION PROPERTY EMPIRE ACCORDING TO THE FOUNDER OF CEBU LANDMASTERS

    January 9, 2019

    Jose “Joe” Soberano III was only 42 years old when he decided to retire from his corporate job to pursue his political ambition to become a congressman in Cebu province. Unfortunately, he did not win in the elections, losing by a small margin to his closest opponent. He wanted to recover and planned to run …

  • QUEEN’S TREASURED LAND MASTER

    December 9, 2018

    He is, without a doubt, one of Cebu’s pride, having created a name and a niche in the local real estate industry. The story of Jose R. Soberano III, chairman, CEO and president of Cebu Landmasters Inc., is a truly revelation of how passion, experience, as well as grit and discipline can transform even an …

  • Cebu Landmasters starts P12.6-billion Davao projects

    November 24, 2018

    MANILA, Philippines — Listed Visayas-Mindanao property developer Cebu Landmasters Inc. ($CLI) kicked off on Friday P12.6 billion worth of projects in Davao City, including a 22-hectare central business district. CLI and its partner, YHEST Realty and Development Corp., broke ground the first phase of the “Davao Global Township” project located at Matina district. The P10-billion …

  • CLI, Archdiocese of Cebu sign lease agreement

    October 30, 2018

    CEBU Landmasters, Inc. (CLI) on Monday said it has signed a lease agreement with the Archdiocese of Cebu to redevelop the latter’s 6,670-square meter (sq.m.) property in downtown Cebu. In a disclosure, the listed property developer said it is allocating P900 million for the redevelopment of the Patria de Cebu property into a mixed-use project. …

  • CLI ventures into estate dev’t in Visayas and Mindanao regions

    October 27, 2018

    Following the record take-up rates of its horizontal and vertical residential projects, Cebu Landmasters, Inc. (CLI)is expanding into estate development to further solidify its market leadership in the Visayas and Mindanao regions. The listed developer and largest home-grown player in VisMin identified close to 200 hectares for estate development in the cities of Cebu, Mandaue, …

  • CLI 9-month reservation sales soar to P6B

    October 11, 2018

    RESERVATION sales of Cebu Landmasters, Inc. (CLI) surged in the first nine months of 2018, driven by interest in both its economic housing and high-end projects. In a statement issued Wednesday, the Cebu-based property developer said reservation sales jumped 69% to P6.17 billion in the nine months ending September. This represents 88% of the company’s …

  • Cebu Landmasters uses up IPO proceeds

    September 20, 2018

    CEBU Landmasters, Inc. (CLI) reported that it had fully used up the P2.15 billion raised after the company’s initial public offering (IPO) last year, bringing its land bank of properties to almost a million square meters. In a disclosure to the stock exchange on Wednesday, the listed property developer said around 70% of the funds …

  • Cebu Landmasters nets P826M in first half

    August 14, 2018

    EARNINGS of Cebu Landmasters, Inc. (CLI) jumped by a third during the first six months of 2018, lifted by higher sales from its residential business amid ongoing expansion in the Visayas and Mindanao markets. In a statement released on Monday, the listed property developer said net income hit P826 million in the January to June …