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) started 2023 on a high note, registering a consolidated revenue growth of 33% in the year’s opening quarter to P4.78 billion from P3.58 billion. CLI’s net income to parent saw a 10% year-on-year growth, reaching P888 million, driven by the strong performance across all business units at …
CEBU Landmasters, Inc. (CLI) posted a 13.6% increase in higher reservation sales last year to P18.8 billion, with mid-market residential projects driving sales, the Visayas-Mindanao property developer said on Tuesday. In a disclosure to the stock market, the company said sales in its mid-market residential projects surged by 95% to P8.83 billion, accounting for 47% …
Continue reading “Cebu Landmasters reservation sales up 14% to P19B”
CEBU Landmasters, Inc. (CLI) has completed its P3-billion mixed-use development in Davao City which it envisions to be a lifestyle and convention destination. “We’re pleased that The Paragon Davao will be completed just as Southern Mindanao fully opens up to travel and heightened business and leisure activity,” CLI Chairman and Chief Executive Officer Jose Soberano …
Continue reading “Cebu Landmasters tops off P3-B Davao City project”
‘Age is relative’ for the game-changing 41-year-old finance chief, who’s also the first awardee from a non-conglomerate organization Cebu Landmasters Inc. (CLI) Chief Finance Officer Grant Cheng believes no one should feel at liberty to waste company resources, no matter how minute, whether it’s replacing a ballpen that has ink left or not printing on …
Continue reading “CLI’s Grant Cheng awarded as youngest ING-FINEX CFO of the Year”
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”