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Robinsons Land Sells 945.95M Shares for P7B Expansion

1/28/2026

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Story summary
  • Robinsons Land Corporation (RLC) completed a block sale of 945.95 million RL Commercial REIT, Inc. (RCR) shares for about P7 billion.
  • The shares were sold at P7.40 to institutional investors, increasing RCR's public float to 44.18%.
  • Proceeds will fund RLC's expansion and settle on January 29.
  • Analysts say the deal may pressure RCR's stock price in the short term.
  • RLC aims for P25 billion in net income by 2030.