Cebu Landmasters, Archdiocese of Cebu, Seal Agreement to Transform Patria de Cebu Property

Cebu Landmasters Inc. (PSE: CLI) recently signed a lease agreement with the Archdiocese of Cebu for a PhP900-million redevelopment of a 6,670 square-meter property in the heritage-rich downtown area of the Queen City of the South. The Patria de Cebu property, which currently offers budget-friendly accommodations for travelers, will be transformed into a mixed-use development. […]
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CLI Ventures Into Estate Development in Vismin

Following the record take-up rates of its horizontal and vertical residential projects, Cebu Landmasters Inc. (PSE: CLI) is expanding into estate development to further solidify its market leadership in the Visayas and Mindanao region. The listed developer and largest homegrown player in VisMin identified close to 200 hectares for estate development in the cities of […]
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CLI Posts 9-Month Record Sales

Cebu Landmasters Inc. (PSE: CLI) is poised for double-digit financial growth after registering record reservation sales of Php6.17 billion in the first nine months, 69 percent increase year-on-year. The figure represents 88 percent of the listed company’s 2018 goal of PhP7 billion. CLI President and CEO Jose Soberano III credited the strong performance to robust […]
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CLI Bullish in Expanding to New VisMin Areas

Barely a year after its initial public offering, Cebu Landmasters Inc. (PSE: CLI) has fully spent the funds raised from the sale of shares and has built up its landbank to 976,302 sqm. In a disclosure, the leading VisMin-based property developer said around seventy percent of the funds were used in acquiring land in strategic […]
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Cebu Landmasters Earmarks PhP8.8B for 2018 Capex

Cebu Landmasters Inc. (PSE: CLI) is set to hit PhP5.3 billion year-end target revenue, 35% higher than last year’s, and invest PhP8.8 billion capex for land acquisition and project development this year. The listed company also reports an outstanding 2017 and excellent Q1 2018 performance during its annual stockholders meeting on May 30 at the […]
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Cebu Landmasters Ends 2017 with Record PhP4.58B Reservation Sales

Property developer Cebu Landmasters Inc. (PSE: CLI) finished the year 2017 with PhP4.58 billion in total reservation sales, exceeding its target by 13.75 percent and beating the 2016 result by 55.6 percent. CLI attributed its exceptional performance mainly to newly launched residential projects: 38 Park Avenue (Cebu IT Park) with 745 units, Casa Mira South […]
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Cebu Landmasters Reports 1H 2017 Sales Performance

Cebu City—(PHStocks)—Cebu Landmasters Inc. (PSE: CLI) was able to book PhP2.87 billion of reservation sales for the first half of 2017. In just six months, the company has almost breached its full year 2016 reservation sales figure of PhP2.94 billion. “We are very pleased to report our strong reservation sales performance for the first half […]
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Cebu Landmasters Holds Ground-breaking Ceremony for Latitude Corporate Center

Cebu City—(PHStocks)—Cebu Landmasters Inc. (PSE: CLI) had its ground-breaking ceremony last Friday, June 9, 2017 for Latitude Corporate Center, a 24-storey modern office tower located at Cebu Business Park which caters to BPO tenants, enterprise and executive tenants. Additionally, plans include a commercial area to be located on its ground floor for restaurants and food […]
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