RL Commercial REIT, Inc. (RCR) is a real estate company established in the Philippines. The company operates as a Real Estate Investment Trust, a corporation that primarily invests in income-generating real estate assets. The company was formerly known as Robinsons Realty and Management Corporation and was incorporated in 1988.
RCR maintains a portfolio of approximately 16 commercial real estate assets across the Philippines with an aggregate gross leasable area (GLA) of 480,479 square kilometers. The company’s portfolio consists of commercial spaces primarily leased for office purposes, with minimal retail spaces on some of the properties to support the needs of office tenants.
The company’s properties include Robinsons Equitable Tower, Robinsons Summit Center, Cyberscape Alpha, Cyberscape Beta, Tera Tower, Cyber Sigma, Exxa-Zeta Tower, Robinsons Cyberscape Gamma, Robinsons Cybergate Center 2, Robinsons Cybergate Center 3, Robinsons Cybergate Cebu, and Galleria Cebu.
The company’s primary purpose is to acquire by purchase, lease or otherwise, and to own, develop, sell, mortgage, lease, and hold for investment or otherwise, real estate of all kinds. RCR leases its properties to a diversified tenant base. As a Real Estate Investment Trust, the company generates income from its commercial real estate portfolio, providing investors with exposure to the growing Philippine commercial real estate market.
RL Commercial REIT, Inc. (RCR), which operates shopping malls and office buildings across the Philippines, announced strong financial results for the first three months of
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