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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In anticipation of a strong economic bounce back in the South, leading developer in VisMin Cebu Landmasters Inc. (CLI) broke ground on September 14 on its P4-billion mixed-use Masters Tower Cebu which will boost its hotel and Grade A office. Located at the Cebu Business Park, Masters Tower Cebu will house the 195-room Sofitel Cebu …
Continue reading “CLI breaks ground on iconic Masters Tower Cebu”
Leading developer in Vismin Cebu Landmasters, Inc. (CLI) welcomes Olympic Silver medalist Carlo Paalam to his new home during the turnover ceremony of the CLI-gifted P3.6 million Velmiro Uptown CDO house and lot unit yesterday, September 1 at Cagayan de Oro City. In an intimate ceremony, CLI Chief Operating Officer Franco Soberano personally turned over …
LISTED Cebu Landmasters, Inc. (CLI) on Monday said it is increasing its stake in the developer of the 100-hectare reclamation and techno-hub project in Cebu. The listed company said it had acquired 80% of Ming-Mori Development Corp.’s (MMDC) shares, up from a previous 20% stake. The move is expected to “streamline” CLI’s role as developer …
Continue reading “Cebu Landmasters increases stake in techno-hub developer”
Leading VisMin developer Cebu Landmasters Inc. (CLI) announced the signing of a Memorandum of Agreement (MOA) to acquire 14.3 hectares of Xavier University (XU) – Ateneo de Cagayan’s Manresa Property in uptown Cagayan de Oro. Proceeds of which will be used to develop the new XU Masterson Campus, which at 21 hectares will be three …
Cebu Landmasters Inc. (CLI) reported a 66 percent jump in attributable net income to P1.32 billion in the first half of 2021 from the P792 million earned in the same period last year. In a statement, the VisMin developer said the first semester results show that it is set to surpass its growth targets for …
Opening in 2024, the new and improved Abaca Resort Mactan promises to usher in the new era of Cebu Landmasters Inc. and its CLI Premier Hotels Inc., being at the forefront of the very best that Cebu tourism can offer. Through the years, the Abaca Resort Mactan has already notched an enviable reputation as one …
Continue reading “Luxury resort living: Cebu Landmasters sets the benchmark of tomorrow”
CEBU Landmasters, Inc. and Megaworld Corp. started their respective employee vaccination programs last week, the listed property developers said in separate statements on Monday. Cebu Landmasters said it began inoculating employees last Friday at the Velez Medical Arts Building. The Visayas-Mindanao property developer said it joined the private sector, led by ICTSI Foundation, in acquiring …
Continue reading “Cebu Landmasters, Megaworld begin staff vaccination”
Listed Cebu Landmasters Inc. (CLI) posted record high reservation sales of P8.5 billion in the first half of the year, up 14 percent from P7.4 billion year-on-year, as it saw sustained housing demand. The Visayas-Mindanao developer in a disclosure on Monday said that it recorded P5.2 billion sales in the second quarter alone, surpassing the P4.6 billion a …
Property developer Cebu Landmasters Inc. (CLI) will donate to the government of Cebu City a 100-unit medium-rise socialized residential condominium complex to shelter informal settlers who need to be evacuated from calamity-prone areas. The five-story residential project, valued at P115 million, will serve as transition housing for informal settlers near rivers, creeks, seas and other …
Continue reading “CLI builds 100-unit Cebu City condo for informal settlers”