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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CEBU LANDMASTERS, Inc. (CLI) is boosting its landbank in key cities in Visayas and Mindanao, as it prepares to ramp up expansion in the next few years. In a statement, the housing developer said it increased its landbank in the region to 1,245,485 square meters (sq.m.), 36% higher year-on-year. CLI said the company is looking …
By: Arianne Suarez, Kathleen de Villa, Marielle Medina – @inquirerdotnet The Philippine real estate industry is bound to get even more exciting in the coming years as the youngblood of prominent families in property development start to make their own legacies in the field. In the recent years, we see more of the younger generation …
Property developer Cebu Landmasters Inc. has signed a deal to develop a P1.5-billion residential condominium project in Iloilo, expanding its footprint in its Visayas-Mindanao bailiwick. CLI signed a joint venture agreement with businessman Alfonso Tan, chair of local construction and property development firm International Builders Corp. (IBC), for the high-rise residential tower on a prime …
Continue reading “Cebu Landmasters expands to Iloilo to develop condo, economic housing”
More than just Cebu’s pride — by Amy R. Remo – Reporter / @amyremoINQ The Outlook Awards 2019’s Personality of the Year awardee humbly declares that much more can still be done despite his impressive roster of achievements. Jose Soberano III, chairman, president and CEO of Cebu Landmasters Inc., is currently leading his company with an aggressive …
Continue reading “Cebu Landmasters is The Outlook Awards 2019 Best Developer of the Year in VisMin”
Cebu Landmasters consolidated net income up 59% in Jan.-Sept. Property developer Cebu Landmasters Inc. (CLI) on Wednesday reported a 59% increase in consolidated net income for the first nine months of the year, driven mainly by its core business. Consolidated net income totaled P1.9 billion in January to September versus P1.2 billion in the same …
MANILA, Philippines — Cebu Landmasters Inc. has partnered with one of the largest mutual funds in the country for a notes facility agreement. CLI signed an agreement with ALFM Peso Bond Fund Inc. and ALFM Money Market Fund Inc., whereby CLI will issue 18-month corporate notes worth P2 billion. The notes have an initial fixed …
Continue reading “CLI, ALFM ink P2 billion notes facility deal”
CEBU Landmasters Inc. (CLI) is nearing its reservations sales target this year after selling 80 percent of its P5.3-billion residential project in Metro Cebu. . In a disclosure on Thursday, the listed Visayas-Mindanao (VisMin) property developer said that “this remarkable record means that the company is on track to meet the expected P12.5-billion worth of …
Continue reading “Cebu Landmasters to meet P12-B sales target”
Cebu Landmasters partners with AboitizLand to develop mixed-use condominium in Mandaue . Cebu Landmasters, Inc. (CLI) has partnered with the property arm of Aboitiz Equity Ventures, Inc. (AEV) for the development of a mixed-use condominium complex in Mandaue City. In a statement Monday, the listed property developer said it has sealed a deal with Aboitiz …
Continue reading “AboitizLand, Cebu Landmasters announce JV”
CEBU Landmasters, Inc. (CLI) is spending about P2.4 billion to expand its footprint in Bacolod City with the launch of two residential projects and the construction of a serviced apartment in the area. The listed property developer said in a statement Wednesday that it has launched Casa Mira Bacolod and Velmiro Plains Bacolod, its residential …
Continue reading “Cebu Landmasters to spend P2.4B for two Bacolod residential projects”