NEWS & UPDATES

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

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  • CLI releases employee bonus, supports third party construction workers amidst community quarantine in VisMin

    March 20, 2020

    Cebu-based firm CLI gives bonus pay, health kits to workers   MANILA, Philippines — Property developer Cebu Landmasters Inc. (CLI) on Thursday said that as construction continues in 10 areas in the Visayas and Mindanao region, it will have the early release of its 14th month pay to its regular workforce, who are mostly based …

  • CLI to issue ₱8 billion worth of corporate notes

    March 10, 2020

    Cebu Landmasters, Inc. (CLI) signed last March 5 an ₱8-billion corporate notes facility agreement to finance strategic land acquisitions in new expansion areas of Puerto Princesa, Leyte, Butuan and General Santos as well as cities where it already operates, namely: Cebu, Bohol, Bacolod, Cagayan de Oro and Davao. “Part of the proceeds will also fund …

  • CLI expects P900-million revenues from Bohol project

    March 4, 2020

    PROPERTY developer Cebu Landmasters Inc. on Tuesday said it expects some P900 million in revenues from its residential development in Dauis, Bohol, targeted at the growing middle market segment in the Visayas and Mindanao. The company said it launched the 204-unit Velmiro Greens Bohol, which it hopes to complete in 2023. The development offers townhouse …

  • CLI declares ₱0.25 dividends, seals residential market leadership in VisMin per study

    March 2, 2020

    CLI declares ₱0.25 cash dividend Visayas and Mindanao (VisMin) residential developer Cebu Landmasters, Inc. (CLI)announced a 25 centavos per share cash dividend on the back of the company’s robust financial performance. Shareholders on record as of April 3, 2020 will be entitled to the dividends and will be paid on April 30, 2020. This is …

  • Property developer declares cash dividend

    February 28, 2020

    PROPERTY developer Cebu Landmasters Inc. (CLI) announced a cash dividend of 25 centavos per share to its shareholders on the back of the company’s robust financial performance. The cash dividend amounting to 25 centavos per share was approved during the Feb. 19, 2020 board meeting held in Citadines Cebu City. Shareholders on record as of …

  • CLI reservation sales up 31% in 2019

    February 4, 2020

    In a statement on Monday, the Visayas-Mindanao (VisMin) property firm said that its reservation sales registered at P12.67 billion, higher than the year-earlier P9.6 billion and its target of P12.5 billion. The bulk or 58 percent of the sales came from Cebu City projects. Davao City contributed 15 percent; Cagayan de Oro, 13 percent; Bacolod, …

  • CLI boosts landbank in key cities

    December 10, 2019

    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 …

  • Youngblood of real estate

    December 10, 2019

    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 …

  • Cebu Landmasters expands to Iloilo to develop condo, economic housing

    November 26, 2019

    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 …