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Under its new leadership, Robinsons Land Corporation has laid down its ambitious five-year goal which calls for the rapid expansion of its malls, office spaces, hotels, and logistics assets in order to almost double profits from ₱13 billion last year to ₱25 billion by 2030.
RLC President and CEO Mybelle V. Aragon-GoBio initiated the firm’s strategic transformation under its Vision 5-25-50 roadmap which lists five strategic moves to be carried out until the company reaches its 50th anniversary in 2030.
Under this plan, RLC will undertake bold, structured growth initiatives by accelerating capital deployment for the expansion and diversification of its investment portfolio to strengthen the company’s recurring earnings base.
RLC targets an aggressive 50 percent expansion of its malls’ gross leasable area (GLA) and office space while growing its hotel room keys by 25 percent and double logistics capacity by 2030 — all focused on high-growth areas nationwide.
The firm aims to unlock capital through active asset monetization by leveraging its successful real estate investment trust platform, RL Commercial REIT, to recycle capital through property infusions and strategic share sales.
To further increase its portfolio, RLC aims to proportionately replenish assets sold to RCR; unlocking value for shareholders.
RLC also plans to elevate its product offerings through premiumization by repositioning key assets, upgrade product lines, and enhance the customer experience to command premium pricing and stronger brand equity.
It also aims to forge high-impact strategic partnerships, alliances, joint ventures, and co-investments to expand RLC’s reach, accelerate execution, and de-risk growth initiatives.
The firm also wants to enhance customer experience through new business streams including sports and entertainment centers, ecosystem synergies, and sustainability-driven customer services, to deepen customer engagement and loyalty.
RLC sustained its growth momentum in the first quarter of 2025, delivering strong core results anchored on robust recurring income from its investment portfolio, resilient operations across business units, and disciplined financial management.
"We began the year with strength and momentum, anchored by our solid and growing recurring income backbone. This resilience allows RLC to thrive amid an ever-evolving economic landscape,” said Aragon-Gobio.
She added that, “We are seeing the rewards of our diversified investment strategy, operational excellence, and unwavering commitment to increasing shareholder return."
Attributable net income, which excludes one-time gains in 2024 — improved four percent in the first quarter of 2025 to ₱3.48 billion, showcasing solid underlying strength across its diversified portfolio.
RLC posted revenues of ₱11.03 billion for the first three months of the year, maintaining its topline performance from the previous year despite a higher comparative base.
The investment portfolio remained the main growth engine, with revenues up eight percent to ₱8.52 billion, led by strong performance from malls, followed by offices, hotels, and logistics. Development revenues reached ₱2.51 billion, mainly from residential sales and joint ventures.
Robinsons Malls posted an eight percent rental revenue growth to ₱3.43 billion supported by higher tenant sales, expanded foot traffic and unique tenant mix bringing total mall revenue to ₱4.72 billion or up by six percent versus the first quarter last year.
Occupancy remains healthy at 93 percent, and RLC successfully opened Robinsons Pagadian in April 2025 to add 23,800 square meters of new GLA, with an impressive 98 percent occupancy rate at opening.
RLC’s office segment registered a six percent increase in revenues to ₱2.02 billion supported by rental growth across its high-quality office developments.
Hotel revenues rose by 12 percent year-on-year to ₱1.51 billion with solid growth in both international and company-owned brands despite an elevated base last year.
Robinsons Logistics and Industrial Facilities (RLX) revenues surged by 40 percent to ₱268 million in the first quarter of 2025, supported by the completion of warehouses in Calamba and San Fernando.
Meanwhile, Robinsons Destination Estates (RDE) recorded property development revenues of ₱223 million from the deferred sale of parcels of land to joint venture entities.
RLC Residences generated ₱846 million in net sales from its organic projects and ₱47 million from joint ventures. Realized revenues for the quarter totaled ₱1.95 billion, excluding ₱336 million from equity share in joint venture projects.
EBITDA and EBIT without JVs reached ₱488 million and ₱453 million, respectively.
