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 acquires resort in Mactan

    September 13, 2019

    CEBU Landmasters, Inc. (CLI) will be redeveloping the Abaca Resort Mactan in Cebu as part of efforts to expand its hospitality business. In a statement issued Thursday, the listed property developer said it acquired the 4,328-square meter luxury resort in the Punta Engano area of Mactan island from The Abaca Group. CLI will be turning …

  • CLI acquires Abaca Resort Mactan

    September 12, 2019

    MANILA, Philippines – Property developer Cebu Landmasters Inc. (CLI) has raised its stake in the tourism space sector with a deal to acquire Abaca Resort Mactan, a beachfront boutique resort in Cebu, which it plans to expand to 100-room all-suite luxury resort by 2023. The resort currently has only nine rooms in a 4,328-square meter …

  • CLI profit rises 34% to P1.1 B

    August 18, 2019

    MANILA, Philippines — Property developer Cebu Landmasters Inc. (CLI) posted a 34 percent jump in its net income in the first half of the year to P1.1 billion, driven  by robust sales from its residential segment. In a disclosure to the Philippine Stock Exchange, CLI said consolidated revenues from January to June also increased 34 …

  • Cebu Landmasters reports H1 net profit of P1.1 billion

    August 16, 2019

    PUBLICLY listed company Cebu Landmasters Inc. (CLI) reported on Thursday its consolidated net profit reached P1.109 billion in the first half of 2019, up 34 percent from P826 million during the same period last year. Combined revenues, likewise, grew by 34 percent from P2.613 billion to P3.495 billion year-on-year (YoY) due to construction progress from …

  • Cebu Landmasters expands presence in Northern Mindanao

    July 31, 2019

    LEADING VisMin property developer Cebu Landmasters Inc. (CLI) boosts its presence in underserved Northern Mindanao with the recent launch of two residential projects valued at P1.26 billion that innovatively meet the needs of mid-and economic-income housing clients. Casa Mira Towers CDO is a P824-million, two-tower condominium development offering 986 units ranging from 20 sq m …

  • CLI, XU team up for CDO township

    July 18, 2019

    LISTED Cebu Landmasters Inc. (CLI) has partnered with Xavier University (XU)-Ateneo de Cagayan for the development of another township in Mindanao. In a disclosure on Wednesday, the Cebu province-based real estate firm said it had teamed up with the Jesuit-run educational institution to transform the latter’s 63.5-hectare property, called Manresa, into a premier university township …

  • Development of XU-Ateneo land eyed

    July 18, 2019

    Visayas and Mindanao-focused property developer Cebu Landmasters is in talks with Jesuit-run Xavier University-Ateneo de Cagayan (XU) to redevelop the latter’s property assets in uptown and downtown Cagayan de Oro into premier townships. In a disclosure to the Philippine Stock Exchange, CLI said it had received a notice of interest from XU to develop the …

  • Cebu, Davao developers top the 7th PropertyGuru Philippines Property Awards 2019

    July 17, 2019

    THE Philippines’s finest developers from Luzon, Visayas and Mindanao have been accorded the real-estate industry’s highest honors at the Seventh Annual PropertyGuru Philippines Property Awards, presented by global brand Kohler at an exclusive gala dinner and ceremony on July 5, at the Fairmont Makati hotel. Cebu Landmasters Inc. earned the highest honor for Best Developer, …

  • CLI, one of the 3 property stocks to consider buying

    July 15, 2019

    Stocks to Watch: 3 property stocks to consider buying Buy, sell, or hold? Rappler’s very first weekly stock outlook looks at 3 property companies, as the sector appears set for greater heights. MANILA, Philippines – Properties were among the best performing stocks during the 1st half of 2019 and analysts are predicting that the sector …