Robinsons Land aims for P20B from fresh retail bond offer

Gokongwei-led property developer Robinsons Land Corp. (RLC) plans to raise as much as P20 billion from a new retail bond offering in order to boost its war chest for expansion over the medium term. The proposed bond offe­ring obtained a triple-A (PRS Aaa) credit rating with a stable outlook from local credit watchdog, Philippine Rating […]

Megaworld income hit P17.9B in 2019

Andrew Tan-led property deve­loper Megaworld Corp. posted P17.9 billion worth of attribu­table net income in 2019, up by 18 percent from the previous year, driven by higher earnings from its residential development and leasable property portfolios. Excluding...