Robinsons Land a driving force in Cebu
Philippine Star
February 26, 2010 |
 MANILA, Philippines The strong domestic retail market continues to paved the way for more property developments and expansion not only in major urban centers like Metro Manila but throughout the country. The expansion is being followed rapidly by BPO and call center companies as they moved to the Next Wave Cities.
Cebu has taken advantage of these developments and has landed itself as the premier destination for BPO and call center companies because of the presence of the correct mix of critical infrastructure, ample and appropriate human resources and lower cost. Cebu was selected as one of the highest-ranking BPO destinations in Asia due to high literacy and labor pool, fiscal incentives and competitiveness.
Robinsons Cybergate Cebu, Robinsons Land Corporation’s latest Cebu project that integrates BPO office spaces in its newest shopping and lifestyle mall development has reinforce the company stature as a driving force in the industry and the main developer of BPO sites that offers a total live-work-play environment.
For inquiries on Robinsons Cybergate Cebu office space leasing, call (02) 395-2177; (032) 255-5590 or email at office.buildings@-robinsonsland.com |
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PEZA-backed Robinsons Cybergate Cebu opens
Manila Bulletin
January 15, 2010 |
MANILA, Philippines - Cebu City, ranked by Tholons International as the number one city among the world’s Top 50 Emerging Global Outsourcing Cities, is the host of Robinsons Land Corporation’s latest mixed-use project, Robinsons Cybergate Cebu.
While Cebu is also considered premier tourist destination, it is the second most popular destination of business process outsourcing (BPO) companies, next to Metro Manila, since it provides the infrastructure, amenities and the balanced lifestyle that draws BPO companies to set shop.
Opened last Dec. 9, 2009, Robinsons Cybergate Cebu is a seven-story mixed-use development with dining options, a medical and wellness component designed to supplement the services offered by the adjacent Chong Hua Hospital and other medical facilities and three floors for office. The new medical-commercial development sits on a 5,000-square meter lot and will have a gross leasable area of 12,500 square meters. It will have a total of 55 shops and restaurants as well as 35 wellness clinics.
The PEZA-accredited project located along J. Llorente St. corner Don Gil Garcia St. and facing Fuente Osmena Circle will be offering a complete work, relax, distress environment. The building is also equipped with full back-up power generators and utilizes the flexible VRF/VRV air-conditioning system perfect for companies who are conscious about work hours flexibility and cost savings.
Given its location at the heart of Metro Cebu, Robinsons Cybergate Cebu has unmatched accessibility and within the vicinity of Cebu’s major universities and colleges that provide an annual college graduating pool of 20,000 allowing ease in recruitment and potential employment.
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RLC profit up to P3.3B
January 14, 2010
The Philippine Star |
MANILA, Philippines – The Gokongweis’ Robinsons Land Corp. posted a four-percent year-on-year profit growth in fiscal year 2009 that ended September, on higher revenue from its shopping mall and office property portfolio.
Net profit hit P3.27 billion on the back of a P10.73-billion revenue. Excluding extraordinary items, RLC’s core net income grew by 10 percent, the firm said in a statement.
“RLC’s various business units managed to perform well because of our deep understanding of the market, commitment to operational efficiencies and a healthy balance sheet,” said Frederick Go, RLC president and chief operating officer.
The commercial centers division accounted for P4.21 billion or 39 percent of the real estate revenue for the year, up 14 percent from year-ago level.
Enterprise-wide average occupancy rate for the malls was steady at 93 percent.
From October to December last year, RLC opened four new malls: Robinsons Place General Santos, Robinsons Place Dumaguete, Robinsons Ilocos Norte and Robinsons Cybergate Cebu.
RLC is the second largest shopping mall developer in the country with 29 malls nationwide.
The office buildings division, a leading provider of space to BPOs, reported gross revenue of P1.1 billion, or 26 percent higher than year-ago level.
Accounting for 10 percent of total revenue, the office division’s operating profit grew by 20 percent to P738 million. It enjoys a stable recurring lease from its six office buildings: Robinsons Cybergate Towers 1, 2, 3, Robinsons Summit Center, Robinsons Equitable Tower, and Galleria Corporate Center.
RLC’s hotels division posted P1.04 billion in revenue, down from last year’s P1.14 billion due to the global travel slowdown. Its net income before tax reached P130.49 million. Doris C. Dumlao
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