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Bullish on Metro Clark: John Gokongwei to develop integrated township May 31, 2019 @ 18:59

Bullish on Metro Clark: John Gokongwei to develop integrated township

 

Robinsons Land Corp. wants to make its presence felt in what is considered to be the economic haven of Luzon.

Robinsons Land aims to be leading hospitality group

The property arm of JG Summit Holdings Inc. unveiled plans to transform a 200-hectare land in Pampanga into a mixed-use estate that will have residential, commercial, hotel and industrial park components.

Commercial leasing buoys Robinsons Land’s Q1 profit

RLC acquired the property last year as part of its strategy to beef up its land holdings to ensure a pipeline of projects.

RLC net profit up 20% by end-Sept.

Its parent company JG Summit is part of a consortium that won a 25-year concession to operate and maintain the Clark International Airport.

Gokongwei?s property arm keeps highest rating for P12B issuance

“We really believe in the future of Clark. We acquired a significant land bank in Clark,” said Frederick D. Go, president and COO of RLC.

More firms have been developing new projects in Clark due to its strategic location. Clark Freeport Zone will be converted into a modern industrial estate and service and logistics hub by 2020.

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