Meralco has reaffirmed its commitment to support Robinsons Land Corp. by ensuring reliable electric services for the propoerty developments of the Gokongwei family-controlled firm.
Gokongwei-led property giant Robinsons Land Corp. is preparing a mega P33.9 billion property injection into real estate investment trust arm RL Commercial REIT Inc.
The Gokongwei family’s Robinsons Land Corp. is showering investors with historic high cash dividends as investors anticipate a better 2024 with robust earnings at the start of the year.
State pension fund Government Service Insurance System (GSIS) was revealed to be the institutional whale that cornered the bulk of Gokongwei-led private sale of RL Commercial REIT’s (RCR) shares early this month.
The Gokongwei family’s Robinsons Land Corp. sold shares in real estate investment trust subsidiary RL Commercial REIT (RCR) in preparation for a P25-billion asset injection that will further expand RCR’s portfolio beyond offices.