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Showing posts from January, 2013

Robinsons Land Named As ‘Best Overall Managed Company In The Philippines’ by Euromoney

Robinsons Land Corp.,  the real estate arm of JG Summit Holdings, Inc. of the Gokongwei Group, was named “Best Overall Managed Company in the Philippines in 2012”  by the Euromoney magazine. During the year RLC has strengthened its foothold in the local real estate market, proving itself to be a major player in property development with 32 malls, 8 office buildings, 9 hotels, 59 residential condominiums, and 32 housing subdivisions, strategically located across the country. For the year 2012, Robinsons Land was the top gainer in the Philippine Stock Exchange index, posting an 83.63% increase in its stock price from January 2 to December 28, 2012. It posted a 10 percent growth in revenues to P10.56 billion in the first nine months ending June, 2012 with shopping malls contributed 49 percent or P5.17 billion; followed by residential segment with 31 percent or P3.31 billion, office buildings division with 10 percent or P1.06 billion and hotels division with 10 percent or