News

CLI to spend P10B for three projects in Davao

DAVAO CITY — Cebu Landmasters, Inc. (CLI) is investing about P10 billion for its three projects in the city next year, its top official said yesterday. At the inauguration of the showroom of the Paragon Davao, Jose Franco B. Soberano, CLI executive vice-president and chief operations officer, said the money will be used for the developments of the Paragon Davao, the Davao Global Township...

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CLI boosts landbank in key cities

CEBU LANDMASTERS, Inc. (CLI) is boosting its landbank in key cities in Visayas and Mindanao, as it prepares to ramp up expansion in the next few years. In a statement, the housing developer said it increased its landbank in the region to 1,245,485 square meters (sq.m.), 36% higher year-on-year. CLI said the company is looking to invest P50 billion in a range of projects in these properties C...

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CLI expands footprint to Iloilo City

CEBU Landmasters Inc. (CLI) intends to further strengthen its presence in Western Visayas with the development of a P1.5 billion residential condominium project anchored by high-visibility retail spaces in a strategic Iloilo City location. The listed firm recently signed a joint venture agreement with businessman Alfonso Tan, chairman of International Builders Corp. (IBC), for a high-rise resid...

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Cebu Landmasters, IBC plan to build Iloilo residential tower

CEBU Landmasters, Inc. (CLI) is partnering with International Builders Corp. (IBC) to develop a P1.5-billion condominium project in Iloilo City. The listed Cebu-based property developer told the stock exchange yesterday it forged a joint venture agreement with IBC Chairman Alfonso G. Tan to build a residential tower in downtown Iloilo. CLI will manage and own 50% of the high-rise building, w...

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