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.
VIEW ARCHIVE
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”
CEBU Landmasters, Inc. (CLI) is on track to meet its 20% net income growth target this year, after recording strong earnings in the first quarter. “We’re optimistic we can meet this target and with grace and luck, we can outperform it,” CLI Chief Finance Officer Beauregard Grant L. Cheng said in an investors’ and analysts’ briefing …
Continue reading “CLI bullish on growth after strong Q1 net income”
REAL estate developer Cebu Landmasters, Inc. (CLI) announced on Wednesday that it is launching Casa Mira Homes Ormoc subdivision as part of its Eastern Visayas expansion. “We are pleased that Casa Mira has facilitated the company’s expansion to untapped markets like Ormoc. At the same time, it has offered prospective families in Visayas and Mindanao …
Continue reading “CLI expands to Eastern Visayas with Ormoc subdivision project”
Metro Manila (CNN Philippines, April 7) — Listed property developer Cebu Landmasters Inc. (CLI) witnessed a strong real estate rebound last year as the company saw its profit soar by 42% to ₱2.61 billion, surpassing its 2019 levels. The group, which is focusing on the Visayas and Mindanao, recorded its revenues jumping by 35% to ₱11.16 …
Continue reading “Cebu Landmasters exceeds pre-pandemic earnings with ₱2.61B in 2021”