Chamber of Real Estate & Builders' Associations, Inc.

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P26.7-B IPO of Robinsons REIT OK’d

The Philippine Stock Exchange (PSE) has approved an initial public offering worth as much as P26.7 billion to be launched this month by RL Commercial REIT Corp. (RCR), the real estate investment trust (REIT) sponsored by Robinsons Land Corp. (RLC). Based on the latest timetable, RCR’s offer period would run from Aug. 25 to Sept. […]