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RL Commercial REIT eyes to triple portfolio via RLC asset infusions
Business World Philippines
|May 12, 2025
RL COMMERCIAL REIT, Inc. (RCR) plans to expand its portfolio in the coming years through potential asset infusions from its sponsor Robinsons Land Corp. (RLC), a company official said.
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"The current assets that are in RCR right now from the sponsor is just one-third of the sponsors' assets," RCR Treasurer and Director Kerwin Max S. Tan said during a media briefing last week.
"Potentially, RCR can grow two-thirds of the assets of the sponsor. So, it's basically three times more of the current assets," he added.
Mr. Tan said growth is expected in the next few years, depending on market conditions and other factors.
As of end-March, RCR's assets stood at P114.06 billion, while shareholders' equity totaled P109.48 billion.
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