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 on track to exceed sales target

    October 12, 2021

    CEBU Landmasters, Inc. (CLI) anticipates a “strong recovery” for the property market in the Visayas-Mindanao (VisMin) region after logging a record P11.8 billion in reservation sales in the first nine months of the year. “Demand for mid and economic homes in VisMin continues to be strong despite the extended economic effects of the pandemic and …

  • Cebu Landmasters breaks ground for Mandaue project

    September 30, 2021

    CEBU Landmasters, Inc. (CLI) started construction for its three-tower project in Mandaue City, the company said in a statement on Wednesday, adding that it is also planning to launch the project’s second tower in October. The second tower of Mandtra Residences will be launched ahead of schedule to keep up with the demand seen with …

  • CLI breaks ground on iconic Masters Tower Cebu

    September 15, 2021

    In anticipation of a strong economic bounce back in the South, leading developer in VisMin Cebu Landmasters Inc. (CLI) broke ground on September 14 on its P4-billion mixed-use Masters Tower Cebu which will boost its hotel and Grade A office. Located at the Cebu Business Park, Masters Tower Cebu will house the 195-room Sofitel Cebu …

  • Olympic silver medalist Carlo Paalam receives house and lot unit from Cebu Landmasters

    September 2, 2021

    Leading developer in Vismin Cebu Landmasters, Inc. (CLI) welcomes Olympic Silver medalist Carlo Paalam to his new home during the turnover ceremony of the CLI-gifted P3.6 million Velmiro Uptown CDO house and lot unit yesterday, September 1 at Cagayan de Oro City. In an intimate ceremony, CLI Chief Operating Officer Franco Soberano personally turned over …

  • Cebu Landmasters increases stake in techno-hub developer

    August 24, 2021

    LISTED Cebu Landmasters, Inc. (CLI) on Monday said it is increasing its stake in the developer of the 100-hectare reclamation and techno-hub project in Cebu. The listed company said it had acquired 80% of Ming-Mori Development Corp.’s (MMDC) shares, up from a previous 20% stake. The move is expected to “streamline” CLI’s role as developer …

  • Xavier Ateneo, Cebu Landmasters seal agreement on the ‘Campus of the Future’ and University Township in CDO

    August 20, 2021

    Leading VisMin developer Cebu Landmasters Inc. (CLI) announced the signing of a Memorandum of Agreement (MOA) to acquire 14.3 hectares of Xavier University (XU) – Ateneo de Cagayan’s Manresa Property in uptown Cagayan de Oro. Proceeds of which will be used to develop the new XU Masterson Campus, which at 21 hectares will be three …

  • CLI profits jump to P1.37 B in H1

    August 17, 2021

    Cebu Landmasters Inc. (CLI) reported a 66 percent jump in attributable net income to P1.32 billion in the first half of 2021 from the P792 million earned in the same period last year. In a statement, the VisMin developer said the first semester results show that it is set to surpass its growth targets for …

  • Luxury resort living: Cebu Landmasters sets the benchmark of tomorrow

    July 29, 2021

    Opening in 2024, the new and improved Abaca Resort Mactan promises to usher in the new era of Cebu Landmasters Inc. and its CLI Premier Hotels Inc., being at the forefront of the very best that Cebu tourism can offer. Through the years, the Abaca Resort Mactan has already notched an enviable reputation as one …

  • Cebu Landmasters, Megaworld begin staff vaccination

    July 13, 2021

    CEBU Landmasters, Inc. and Megaworld Corp. started their respective employee vaccination programs last week, the listed property developers said in separate statements on Monday. Cebu Landmasters said it began inoculating employees last Friday at the Velez Medical Arts Building. The Visayas-Mindanao property developer said it joined the private sector, led by ICTSI Foundation, in acquiring …