In its annual report, Rockwell Land said profit last year rose 29 percent to P5.3 billion, with about P680 million coming from the accounting gain related to the ACC deal.
The P21.6 billion purchase significantly expanded Rockwell’s commercial footprint, adding about 137,000 square meters of leasable space and increasing its retail and office portfolio by 58 percent.
Rockwell now owns 74.8 percent of ACC, bringing Alabang Town Center and ATC Corporate Center into its recurring income base.
In 2025, Rockwell Land’s commercial revenues rose 4 percent to P4.4 billion, supported by better tenant sales and higher leasing rates.
Overall revenues reached P20.9 billion, while earnings before interest, taxes, deprecation and amortization climbed to P8.8 billion, reflecting improved margins and operating efficiency.
Stripping out the one-off gain, earnings growth remains supported by stronger leasing income and solid residential demand.
—Edited by Miguel R. Camus