More new projects beef up RLC portfolio

Richmond Mercurio - The Philippine Star

MANILA, Philippines — Gokongwei-led Robinsons Land Corp. (RLC) is bolstering its portfolio with more projects slated for completion this year.

“We’re trying to grow across all fronts. We have various businesses – malls, offices, hotels, logistics and destination estates,” RLC chairman, president and CEO Lance Gokongwei said on the sidelines of the BusinessWorld Economic Forum yesterday.

Gokongwei said the listed company is opening the Opus Mall by July.

“That’s the premium mall we’re building in the Bridgetowne complex in Libis,” he said.

The five-story mall features approximately 50,000 square meters of leasable space.

For offices, Gokongwei said RLC is also in the process of opening GBF Towers 1 and 2, also in the Bridgetowne estate.

GBF Center 1 is a 30-story prime office development registered with the Philippine Economic Zone Authority. The office tower will be connected to the GBF Center 2 thru basement and podium parking floors, ground floor retail and 9th floor common deck for the two towers.

Gokongwei said the NuStar Hotel in NuStar Resorts, Cebu will open in the second half. It features 223 suite rooms that will cater to the growing demand in the tourism sector.

“NuStar, the largest integrated resort outside of Metro Manila, is transforming the tourism landscape in Cebu. It has garnered attention in the tourism industry for being an iconic landmark in Cebu. The world-class five-star facility continues to draw local and international tourists alike. It is now the top destination for luxury hospitality, dining, gaming, conventions and retail in Cebu. It is also the home of the soon to open first 6-star hotel in the country, the ultra-luxury NuStar hotel,” he said.

Overall, Gokongwei said RLC’s hotels, resorts and malls are doing their share in helping boost tourism in the country.

“Our hotels have been promoting ‘bleisure’ trips, which combine business with pleasure, by mindfully incorporating the ease of doing work in our properties. Our malls have been supporting local festivals and building new locations in popular tourist destinations,” he said.

Gokongwei earlier said RLC is well positioned to drive meaningful growth in 2024 and beyond.

“We are committed to executing our strategic priorities and fulfilling our purpose of building dreams and creating long-term value for our shareholders. RLC eagerly anticipates continued transformation and growth. Our commitment to shared success remains unwavering,” he said.

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