Robinsons Land Corp set to open seven new shopping malls

Gokongwei-led property developer Robinsons Land Corp. (RLC) is set to open seven new shopping malls outside Metro Manila this year and next year, expanding its nationwide retail leasing portfolio to 1.5 million square meters (sqms).

Three existing malls would also be expanded within the same timeframe, RLC president Frederick Go reported during the company’s stockholders meeting last week.

The new shopping malls that RLC will open this year are Robinsons Place Naga, Robinsons Place Iligan, Robinsons North Tacloban.

Next year, four new malls would rise in Ormoc in Leyte, Pavia in Iloilo, Tuguegarao in Cagayan and Valencia in Bukidnon, he said.

The existing Tacloban and Ilocos malls would be expanded this year, while the Butuan mall would begin to add leasable space by next year.

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source: inquirer.net