Robinsons Land charts path to 5Oth year
Eyes P25-billion earnings by 2030
MANILA, Philippines — Gokongwei-led real estate developer Robinsons Land Corp. (RLC) is charting a sustainable growth path toward its 50th year, with the company setting its sights on nearly doubling its net income by 2030.
RLC has unveiled its Vision 5-25-50 roadmap that aims to deliver P25 billion in net income by its 50th anniversary in 2030.
To attain this target, the company has lined up strategic initiatives that include expanding and diversifying its investment portfolio, unlocking capital through active asset monetization, elevating offerings through premiumization, forging high-impact strategic partnerships as well as enhancing customer experience through new business streams.
RLC is targeting an aggressive expansion that seeks to increase mall gross leasable area (GLA) by 50 percent, office space by 50 percent, hotel room keys by 25 percent and double logistics capacity by 2030.
To further increase its portfolio, RLC aims to proportionately replenish assets sold to real estate investment trust unit RL Commercial REIT Inc.
The company is also looking to reposition key assets, upgrade product lines and enhance the customer experience to command premium pricing and stronger brand equity.
It likewise intends to pursue alliances, joint ventures and co-investments that will expand its reach, accelerate execution and de-risk growth initiatives.
In addition, new initiatives including sports and entertainment centers, ecosystem synergies and sustainability-driven customer services will be pursued by the company to deepen customer engagement and loyalty.
Last year, RLC recorded a net attributable income to parent of P13.21 billion, up by 10 percent year-on-year, driven by strong investment portfolio growth.
The company was able to sustain its growth momentum in the first quarter, delivering robust core results anchored on strong recurring income from its investment portfolio, resilient operations across business units and disciplined financial management.
Net income attributable to the parent company, excluding one-time gains in 2024, increased by four percent year-on-year.
Source:
https://www.philstar.com/business/2025/05/06/2440812/robinsons-land-charts-path-5oth-year
Tags: Robinsons Land 50th years
