Rockwell Land profits hit P3.1B, boosted by premium projects and steady leasing

The Lopez family-led Rockwell Land powered through a cooling property market in 2025, growing revenues 7 percent to P15 billion and lifting parent net income 11 percent to P3.1 billion, as demand for its high-end projects stayed resilient.

While much of the condo sector struggled with oversupply, Rockwell’s premium developments continued to sell, underscoring the strength of its niche. 

A key profit indicator known as earnings before interest, taxes, depreciation and amortization (Ebita) surged 16 percent to P6.6 billion, widening margins to 44 percent on stronger residential construction progress. 

What’s driving the numbers? 

    •    Residential remained the biggest driver, contributing 78 percent of revenues and raising segment Ebitda 23 percent to P4.2 billion.

    •    Commercial operations held firm, with malls and offices pushing segment Ebitda to P2.3 billion including joint-venture income.

    •    Retail leasing rose 11 percent on higher rents and stronger mall occupancy.

    •    Office income provided a stable revenue stream across the portfolio.

    •    Rockwell invested P10.1 billion in land and project development, led by Edades West, Mactan, and BenCab.

—Edited by Miguel R. Camus