CEBU, Philippines — Cebuano-owned Cebu Landmasters Inc. (CLI) has further solidified its position in the thriving real estate industry in the Philippines by opening its first regional office in Luzon.
The publicly listed company’s latest move underscores its commitment to becoming a full-fledged national developer.
The CLI Makati Office is located on the 3rd floor of the newly built CWC Design Center, with a gross floor area of 329 square meters. The space is strategically designed to support the company’s growth and operations in Luzon, housing CLI’s Luzon Sales Office, Investor Relations Office, and other support departments.
In a disclosure to the Philippine Stock Exchange (PSE), CLI stated that the new office serves as a platform to showcase the company’s latest project offerings while strategically promoting CLI’s standout developments in Visayas and Mindanao, making them more accessible to the Manila market. The office also features training and conference rooms to facilitate various business activities.
“The opening of our Luzon office marks an important milestone for CLI. With this new hub, we are poised to bring our expertise and proven track record in real estate development to the Mega Manila market,” said CLI Chairman and Chief Executive Officer (CEO) Jose Soberano III.
The presence of CLI’s Investor Relations Office in Makati City, the country’s financial hub, is a strategic initiative aimed at fostering closer collaboration with key stakeholders and providing a convenient venue for investor briefings, Soberano added.
Since its public listing in 2017, CLI has successfully introduced various fixed-income and equity instruments to support its rapid growth. These include its first bond offering in 2022 and the listing of its preferred shares in 2024.
The company has also announced plans to leverage its recurring income for the launch of its own Real Estate Investment Trust (REIT).
In 2024, CLI unveiled its Luzon expansion plans after cementing its leadership in the VisMin region, where it has developed nearly 130 projects across 17 key cities since its establishment in 2003.
CLI’s diverse portfolio includes residential developments, offices, hotels and resorts, co-living and co-working spaces, mixed-use projects, and large-scale townships. With land acquisitions nearing completion, CLI is set to launch its first Luzon-based project in 2026.
“This new office symbolizes our readiness to bring the Cebu Landmasters brand to Luzon, leveraging our experience and expertise to serve a broader market,” added Soberano.
In an interview, Soberano expressed his optimism for 2025, envisioning it as a year filled with opportunities for economic growth, driven by a consumer-led economy and the anticipated impacts of the election year.
Speaking about his outlook for the year, Soberano cited increased government disbursements during the election season as a significant economic driver that could boost consumer spending.
He also highlighted the improving economic landscape, particularly the declining inflation rates compared to the previous two years. This stabilization has bolstered consumer confidence and strengthened trust in the monetary policies of institutions such as the U.S. Federal Reserve.
“We foresee interest rates continuing to drop, which will encourage more spending and investments,” Soberano said.