Cebu’s homegrown real estate developer Cebu Landmasters Inc. (CLI) recorded P2.87 billion in reservation sales for the first semester, close to breaching the whole of last year’s sales take-up of P2.94 billion.

This reservation sales level is a leading indicator of the amount of revenues that the company can book in 2018 and 2019.

“We are very pleased to report our strong reservation sales performance for the first half of 2017,” CLI president and chief executive officer Jose R. Soberano III said in a press statement on Friday.

Read Philippine Daily Inquirer’s full account on the story here.