Home Tags Cebu Landmasters

Tag: Cebu Landmasters

Cebu Landmasters reports 12.5% higher reservation sales

LISTED property developer Cebu Landmasters, Inc. (CLI) posted 12.5% increase in its reservation sales for 2020 to P14.25 billion despite the coronavirus disease 2019 (COVID-19) pandemic.

Profit of Cebu Landmasters slides in Q3, but nine-month total nears...

CEBU LANDMASTERS, Inc. posted an attributable net income of P709.78 million in the third quarter, slowing by 11% from last year but growing more than triple from P219.57 million in the second quarter.

Cebu Landmasters finishes three-tower condo in CDO

LISTED property developer Cebu Landmasters, Inc. (CLI) recently completed a P1.2-billion three-tower residential condominium in Mindanao, turning over more than half of its units to owners.

Cebu Landmasters income slips despite record reservation sales

CEBU LANDMASTERS, INC. (CLI) said its net attributable profit in the first semester slid by 7% to P792 million despite posting record reservation sales.

Cebu Landmasters maintains credit rating for P5-billion bonds

CEBU LANDMASTERS, INC. (CLI) has kept its credit rating by a local debt watcher for its outstanding P5-billion bonds issued in 2018.

Cebu Landmasters posts 41% sales boost in first half

CEBU Landmasters, Inc. (CLI) recorded a 41% increase in sales during the first half of 2020 on the back of high demand for affordable housing despite the coronavirus disease 2019 (COVID-19) pandemic.

Cebu Landmasters’ reservations rise on sustained home demand

CEBU Landmasters, Inc. (CLI) posted 20% higher reservation sales in the first half as demand for its housing projects were sustained despite the coronavirus disease 2019 (COVID-19) pandemic.

Cebu Landmasters tests employees as they return to work

Cebu Landmasters Inc. (CLI) has started testing all of its employees for coronavirus disease 2019 (COVID-19) in its headquarters in Cebu City and its project sites in other cities in the Visayas-Mindanao area to ensure the safety of its personnel upon their return to their offices and work sites.

Cebu Landmasters maintains P10-billion capex for 2020

CEBU Landmasters, Inc. (CLI) is leveling its budget for capital expenditures (capex) this year with last year’s P10 billion spending as it tempers aggressiveness for land acquisition.

Cebu Landmasters’ earnings dip 4% on higher costs, expenses

PROFITS of Cebu Landmasters, Inc. (CLI) slid 4% in the first quarter as its operating expenses outpaced the growth of its revenues.

Cebu Landmasters income up 21%

LISTED Cebu Landmasters, Inc. (CLI) posted a net income growth of 21% in 2019, driven by higher reservation sales and the expansion of its leasing and hotel portfolio.

Cebu Landmasters raises P8 billion for property development

CEBU Landmasters, Inc. (CLI) has generated P8 billion from issuing corporate notes last week, which will fund its plans to buy additional land, expand in more areas and develop a business hub in Davao.

Cebu Landmasters starts Bohol project

CEBU Landmasters, Inc. (CLI) has launched a new residential project in Bohol that it expects to generate revenues of more than P900 million.

Cebu Landmasters posts 31% reservation sales rise

CEBU Landmasters, Inc. (CLI) reported its reservation sales in 2019 jumped 31% to P12.67 billion, driven by higher demand in its key projects across the country.

Cebu Landmasters, IBC plan to build Iloilo residential tower

CEBU Landmasters, Inc. (CLI) is partnering with International Builders Corp. (IBC) to develop a P1.5-billion condominium project in Iloilo City.

Cebu Landmasters to issue P2-B corporate notes

CEBU Landmasters, Inc. (CLI) is issuing corporate notes to raise P2 billion to fund its capital expenditures and general corporate expenses.

CLI reports brisk sales of its Metro Cebu condo

CEBU Landmasters, Inc. (CLI) sold out 80% of its P5.3-billion Mivela Garden Residences project in Metro Cebu less than a month after its launch.

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.

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

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.

Cebu Landmasters acquires resort in Mactan

CEBU Landmasters, Inc. (CLI) will be redeveloping the Abaca Resort Mactan in Cebu as part of efforts to expand its hospitality business.

Cebu Landmasters books P256-million profit in Q2

CEBU Landmasters, Inc. (CLI) booked a 6% decline in attributable profit for the second quarter of 2019, as most of the projects completed for the period were part of joint ventures.

CLI secures NHCP green light for Patria de Cebu redevelopment

THE National Historical Commission of the Philippines (NHCP) has given the go signal to the Archdiocese of Cebu and Cebu Landmasters, Inc. (CLI) to proceed with the Patria de Cebu project.

CLI plans to launch projects in Bohol, Iloilo

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.

CLI to launch 29 projects this year

CEBU Landmasters, Inc. (CLI) is allocating P13 billion for capital expenditures this year, as it plans to launch 29 projects worth P25 billion.

Cebu Landmasters looking for land in General Santos, Butuan

DAVAO CITY — Cebu Landmasters, Inc. (CLI) is on the lookout for properties in the cities of General Santos and Butuan City, where it plans to build mid-range horizontal projects.

CLI to boost rental property portfolio

CEBU Landmasters, Inc. (CLI) sees its leasable projects contributing to a tenth of total revenues by 2023, as gross leasable area (GLA) is expected to breach the 200,000-square meter (sq.m.) mark by then.

CLI forays into estate development across Visayas, Mindanao

LISTED property developer Cebu Landmasters, Inc. (CLI) will be exploring estate development as it seeks to firm up its market leadership in Visayas and Mindanao.

Cebu Landmasters nets P826M in first half

EARNINGS of Cebu Landmasters, Inc. (CLI) jumped by a third during the first six months of 2018, lifted by higher sales from its residential business amid ongoing expansion in the Visayas and Mindanao markets.

Cebu Landmasters books higher first-half earnings

Earnings of Cebu Landmasters, Inc. (CLI) jumped by a third during the first six months of 2018, lifted by higher sales from its residential...

Cebu Landmasters unveils P3.6-billion mixed-use project in Mandaue

Cebu Landmasters, Inc. (CLI) has unveiled a P3.6-billion mixed-use project in Cebu, set to house a mall, office spaces, residential units, and a hospitality...

Cebu Landmasters raising P5 billion from notes issue

CEBU Landmasters, Inc. (CLI) signed on Friday a P5-billion corporate notes facility agreement, with the proceeds to be used to acquire land in various cities and develop a business hub in Davao City.

Cebu Landmasters inks P5-billion notes facility

Cebu Landmasters, Inc. (CLI) has signed on Friday, July 20, a P5-billion corporate notes facility agreement, with the proceeds to be used to acquire...

Notable townships in Visayas and Mindanao

Not only is the Philippines seeing massive changes in its economy as part of its growth as a developing country, huge transformations can also...

Cebu Landmasters to build 1st hotel in Bacolod

CEBU Landmasters, Inc. (CLI) is planning to start construction of its first hotel in Bacolod City by the fourth quarter of the year, which is expected to bring its total hotel portfolio to 969 rooms.

CLI to build Citadines Bacolod

Cebu Landmasters, Inc. (CLI) is betting big on Bacolod’s growth, disclosing on Tuesday, June 19, its plan to build its fifth hotel in the...

CLI partners with Lyceum Davao to redevelop property

Cebu Landmasters, Inc. (CLI) has partnered with Lyceum of the Philippines University (LPU) for the redevelopment of its Davao campus into a mixed-use university...

Cebu Landmasters Q1 earnings rise 17%

CEBU Landmasters, Inc. (CLI) reported a double-digit increase in earnings for the first three months of 2018, driven by higher revenues due to the...

CLI to issue P5 billion in corporate notes

CEBU Landmasters, Inc. (CLI) will be issuing P5 billion worth of corporate notes this year to partially finance its projects in Cebu and Davao. In...

Cebu Landmasters to develop Radisson RED in Mandaue

CEBU Landmasters, Inc. continues the expansion of its hotel portfolio with the development of Radisson RED Hotel in Mandaue City, Cebu. In a statement issued...

Cebu Landmasters’ 2017 profit surges 66% to P1.29 billion

Cebu Landmasters, Inc. (CLI) delivered a 66% increase in net income in 2017, allowing it to breach its profit target of P1.2 billion for...

Cebu Landmasters to develop P4-B Davao project

CEBU Landmasters Inc. (CLI) signed a joint venture agreement for a P4-billion project with two businessmen from Davao City. “Economic opportunities in Davao, the strong...

CLI on track to breach P1.2-B income target for 2017

CEBU LANDMASTERS, Inc. (CLI) said it remains on track to surpass its target of P1.2 billion in earnings for 2017, amid a 105% profit...

Igniting the flames of innovation

By Bjorn Biel M. Beltran In business, there is no room for complacency. Companies need to continually evolve to keep pace with the speed of...

Cebu Landmasters breaks ground for first Davao City venture

DAVAO CITY -- Cebu Landmasters, Inc. (CLI), in partnership with Davao-based Yuson Commercial Investments, Inc., broke ground on Friday, Oct. 20, for its first...

CLI to launch P10.6-billion projects in Q4

CEBU LANDMASTERS, Inc. (CLI) will be launching P10.61 billion worth of projects in the last quarter of 2017 as it further expands its presence...