NEWS & UPDATES
We share with you regular news and updates on our company performance and the progress of our developments.
We share with you regular news and updates on our company performance and the progress of our developments.
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Leading developer in VisMin Cebu Landmasters Inc. (CLI) further expands its growing leisure and hospitality portfolio as it introduces the 21-hectare MagsPeak Mountain Resort and Villas in Balamban, Cebu. The 21-hectare mountain estate in Magsaysay Peak in Balamban, Cebu, with an elevation of 800 meters is a joint venture between CLI and MagsPeak Nature Park …
Continue reading “CLI introduces a new immersive mountain resort in Balamban, Cebu”
MANILA, Philippines — Cebu Landmasters Inc. (CLI), the listed property developer in the Visayas and Mindanao regions, successfully raised P5 billion from its recent bond offer, expanding its war chest to fuel growth. CLI chairman and CEO Jose Soberano III said the proceeds would be earmarked for core residential business segments in vertical and horizontal …
Continue reading “Cebu Landmasters raises P5 billion from bond offering”
MANILA, Philippines — Cebu Landmasters Inc. (CLI) has successfully sold 85 percent of its economic housing project in Puerto Princesa in less than a week. CLI chairman and CEO Jose Soberano III said the property developer is very pleased that our first venture in Palawan is a success. “This shows that there is indeed a …
Continue reading “Cebu Landmasters sells 85% of Puerto Princesa project”
VISAYAS-MINDANAO property developer Cebu Landmasters, Inc. (CLI) has recorded more than P13.5 billion in reservation sales after selling out an upscale residential project in Cebu City. “The sales velocity of the project shows that there is a growing demand for upscale residential developments coinciding with the economic recovery and progress of Cebu City,” CLI Chief …
Continue reading “CLI’s Calle 104 brings P13.5-B reservation sales”
LEADING VisMin developer Cebu Landmasters Inc. (CLI) achieved its highest H1 net income performance of P1.55 billion, an increase of 40 percent versus the first half of 2021, on the back of strong sales and project completions. Without the adjustment from CREATE law, CLI grew its earnings attributable to parent by 18 percent from the …
Continue reading “Cebu Landmasters reports highest Php1.55-B H1 net income, up 40% yoy”
THE joint venture of listed firm Cebu Landmasters Inc. has inaugurated and started the sale of the commercial lots in its 23-hectare Davao Global Township after two years of site development. The development was carried out by YHEST Realty and Development Corp. a joint venture between Cebu Landmasters and the Yuson, Huang and Tan families …
PROPERTY developer Cebu Landmasters, Inc. (CLI) said on Tuesday that its peso-denominated fixed-rate P8-billion bond issuance received an issue credit rating of PRS Aa plus with a stable outlook. Philippine Rating Services Corp. (PhilRatings) has also upgraded the issue credit rating for CLI’s outstanding series A to C corporate notes worth P5 billion to PRS …
Continue reading “CLI bonds rated PRS Aa plus by PhilRatings”
Soberano family-led Cebu Landmasters Inc. (CLI) plans to raise P8 billion from a maiden retail bond issuance to fund its expansion plans, including the development of townships in the Visayas and Mindanao. The listed property developer, in a disclosure on Tuesday, said its board of directors had approved the offering, which consisted of a principal …
PROPERTY developer Cebu Landmasters, Inc. (CLI) announced on Tuesday that it is planning 21 pipeline projects worth P31.5 billion. “We are constantly getting better so that we can continue to scale up our performance and rise to the challenge of fulfilling all those housing demands, especially in VisMin (Visayas and Mindanao),” Chief Finance Officer Beauregard …
Continue reading “Cebu Landmasters targets 21 projects worth P31.5B”