Rockwell bullish on sustained growth

Lopez-owned property developer Rockwell Land Corp. expects sustained topline improvement over the next five years with new projects and an expanded land bank supporting its projected growth.

- RICHMOND MERCURIO

Rockwell chairman and chief executive officer Nestor Padilla said the company's 500 hectares of land bank are seen generating a revenue increase for the company in the next five years.

"We are elated to have entered 2024 with land bank totaling to 500 hectares, five times more than five years ago," Padilla said.

"We want our next five years to be the best. We hit the ground rolling with our geographic expansion and land banking, projected to give us revenue growth until 2028," he said.

Padilla said over 90 percent of Rockwell's land bank is located in the key cities of Pampanga, Laguna, Batangas and Bulacan.

"Our current presence in these strategic sites has given us the optimism to develop more products, allowing us to excite our core market with new offerings to complement their lifestyle," he said.

Rockwell aims to launch three new horizontal developments this year.