NEWS & UPDATES

We share with you regular news and updates on our company performance and the progress of our developments.

VIEW ARCHIVE

  • AboitizLand, Cebu Landmasters announce JV

    September 24, 2019

    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 …

  • Cebu Landmasters to spend P2.4B for two Bacolod residential projects

    September 19, 2019

    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 …

  • Cebu Landmasters strengthens presence in Bacolod

    September 18, 2019

    Realty firm expands in Bacolod with 3 projects Property developer Cebu Landmasters Inc. (CLI) has made its presence felt in Bacolod City with two new residential projects and groundbreaking for a 200-room hotel, called Citadines. “Bacolod is a very important market,” said Jose Soberano III, CLI chief executive officer, in a disclosure to the Philippine …

  • CLI, Ascott open 180-unit Citadines Cebu City

    September 14, 2019

    CEBU Landmasters Inc. (CLI) is banking on growth in the hospitality business, as it opens its first hotel project in its hometown. The firm’s 180-room Citadines Cebu City, managed by Singaporean hotel chain The Ascott Limited, paves the way for its expansion in the booming hotel industry moving forward. “This is a start of a …

  • 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 …