RCR Posts Strong 2025 Growth on Strategic Asset Infusions, Declares 4Q Cash Dividend
RL Commercial REIT, Inc. (RCR), the Philippines’ largest geographically diversified real estate investment trust, reported unaudited revenues of ₱11.08 billion for the full year 2025 (excluding fair market value adjustments), marking a 35% year-on-year increase. The growth was driven by strategic asset infusions and a consistently high portfolio occupancy rate of 96%, reinforcing RCR’s position as a leading multi-asset REIT.
In the fourth quarter, RCR posted ₱3.42 billion in revenues, up 49% year-on-year and 12% quarter-on-quarter, reflecting the full-quarter contribution of nine recently acquired malls. The REIT maintains a strong balance sheet with total assets of ₱167.76 billion, shareholders’ equity of ₱162.19 billion, and continues to operate debt-free. “RCR benefits from the rental upside of its 2024 and 2025 asset infusions, particularly malls, while office performance remains robust,” said Jericho P. Go, President and CEO of RCR.
RCR’s strong performance was recognized with inclusion in the PSE Index (PSEi), highlighting its liquidity and market capitalization. The Board also approved the 4Q CY2025 regular cash dividend of ₱0.1112 per share, payable on March 2, 2026, continuing RCR’s record of consistent quarterly dividend growth. For the full year, RCR declared ₱7.54 billion in dividends, exceeding 90% of distributable income in line with REIT regulations.
With a 38-asset portfolio—21 malls and 17 offices—RCR continues to pursue expansion, leveraging Robinsons Land Corporation’s pipeline, which includes over 1.1 million sqm of mall space, 250,000 sqm of office space, 300,000 sqm of logistics space, and 4,000 hotel rooms. RCR also remains open to third-party acquisitions to sustain long-term growth. As of December 31, 2025, RCR’s market capitalization stood at ₱156.78 billion, underscoring its strong market position and growth trajectory.

