NEWS & UPDATES

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

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  • Cebu Landmasters suggests pedestrianized courtyard between Patria, Cathedral

    June 10, 2019

    CEBU CITY, Philippines–The Cebu Landmasters Inc. (CLI) is proposing to transform a portion of P. Burgos Street, Cebu City that is located between Patria de Cebu and the Cebu Metropolitan Cathedral into a restricted area for pedestrian use. Jose Soberano III, CLI president and chief executive officer, said that the area could become an extension …

  • DLSU to open campus in Davao Global Township

    June 7, 2019

    A DE LA SALLE University (DLSU) campus will soon be built within the Davao Global Township (DGT), a 22-hectare mixed-use estate being developed by YHEST Realty and Development Corp. YHEST Realty and DLSU on May 27 signed a memorandum of agreement (MOA) for the establishment of the De La Salle University Villa-Abrille Center for Professional …

  • Hospitality projects in the cards for CLI

    May 30, 2019

    CEBU-BASED developer Cebu Landmasters Inc. (CLI) promised to grow its investments in the hospitality sector. CLI chairman and president Jose Soberano III announced Tuesday, May 28, 2019 that they will be building 15 hotels in three to five years’ time. He said the plan is attainable, given the tremendous growth of tourism in the country. …

  • CLI expects net income to reach P2.6 billion in 2019

    May 30, 2019

    PUBLICLY listed firm Cebu Landmasters Inc. (CLI) said on Tuesday that growth momentum will continue this year as its top honcho pronounced the company targets to achieve a consolidated net income growth of 19.82 percent to P2.6 billion this year. The leading local developer in Visayas and Mindanao (VisMin) aims to increase its net income …

  • CLI plans to launch projects in Bohol, Iloilo

    May 29, 2019

    CEBU Landmasters, Inc. (CLI) is planning to expand into new cities in the Visayas and Mindanao region this year, starting with projects in Bohol and Iloilo. “Cebu Landmasters will continue to focus on rolling out projects for the growing VisMin market. We are now moving into new key cities in the region as we expand …

  • Cebu Landmaster posts P2.17 billion net profit, to launch 29 new projects

    May 28, 2019

    The Cebu Landmasters Inc. (CLI) will be launching 29 new projects in the Visayas and Mindanao in 2019, as it posted over P2 billion in net profit. Jose Franco Soberano, CLI executive vice president and chief operating officer, made this disclosure during the annual stockholders meeting held Tuesday, May 28, 2019. With the new projects, …

  • CLI profit reaches P702 million in Q1 2019

    May 21, 2019

    ALWAYS on track to meet the completion target of its development projects, Cebu Landmasters Inc. (CLI) cited on Wednesday a net income of P702 million in the first quarter (Q1) of 2019, 41 percent higher than the P499 million it posted in the same period last year. Net profit attributable to the parent increased by …

  • Cebu Landmasters nets P599M in Q1 2019

    May 16, 2019

    Strong sales drive CLI earnings higher   CEBU Landmasters, Inc. (CLI) reported a 23% increase in its net income attributable to parent during the first three months of 2019, on sustained sales of its projects in Cebu. The listed property developer said attributable net income stood at P599 million in the first quarter, higher than …

  • CLI to launch 29 projects this year

    April 12, 2019

    CEBU Landmasters, Inc. (CLI) is allocating P13 billion for capital expenditures this year, as it plans to launch 29 projects worth P25 billion. In a briefing held in Taguig City on Thursday, CLI President and CEO Jose R. Soberano III said of the capex for 2019, 79% will be used for project development in Visayas …