Robinsons Land eyes P25-B 2030 income

GOKONGWEI-LED Robinsons Land Corp. (RLC) unveiled its long-term plan to deliver P25 billion in net income on its 50th anniversary in 2030.

In a disclosure on Monday, RLC said it is looking at five strategic initiatives that mark a significant shift in its operations, with strong focus on expansion, innovation, and shareholder value creation through a Vision 5-25-50 roadmap.

These are designed to unlock new revenue streams and boost recurring income.

First is the aggressive expansion and diversification of its investment portfolio. RLC is set to increase its mall gross leasable area by 50 percent, office space by another 50 percent, hotel room keys by 25 percent, and double its logistics capacity.

The company is also leveraging its real estate investment trust (REIT) platform, RL Commercial REIT (RCR), to unlock capital through active asset monetization.

RLC plans to continue recycling assets by infusing high-quality properties into RCR and using proceeds to fund new developments.

This strategy will allow the firm to sustain growth while creating value for shareholders.

Another is the transformation and premiumization of RLC's offerings by upgrading product lines, repositioning assets, and elevating customer experiences.

The company aims to command higher pricing and build stronger brand equity across its portfolio.

RLC is also actively seeking joint ventures, co-investments, and alliances that accelerate execution and reduce risk, enabling it to scale operations more rapidly and tap into new markets.

Lastly, the company is exploring new business streams to deepen customer engagement and loyalty.

"We are seeing the rewards of our diversified investment strategy, operational excellence, and unwavering commitment to increasing shareholder return," RLC President and CEO Mybelle Aragon-GoBio said.

RLC's board was said to have declared a P0.75 per share cash dividend, up 15 percent from the previous year and representing a 27 percent payout ratio based on 2024 earnings.

The dividend is payable on June 30, 2025 to shareholders on record as of June 5 this year.

On Monday, RLC shares rose by 36 centavos to close at P12.16 each.