RL Commercial REIT, Inc. (RCR) on Friday reported substantial progress in deploying the proceeds from the block placement of 1.04 billion shares, saying that bulk funded a wide range of commercial, residential, office, and hospitality projects across the Philippines.
In an report on the application of proceeds for the period ending Dec. 31, 2025, RCR disclosed that a total of P562.07 million remained unutilized following extensive reinvestment activities during the year.
The company said the proceeds were used to finance developments and redevelopments of key Robinsons-branded assets, including malls such as Robinsons Manila, Robinsons Bacolod, Robinsons Dumaguete, Robinsons Pangasinan, and Malolos Bayan Park.
Lifestyle centers and mixed-use projects such as Forum Redevelopment in Mandaluyong and The Sapphire Bloc in Ortigas also received funding.
Significant investments were likewise made in residential projects, including Le Pont Residences in Quezon City, Woodsville Crest in Parañaque, Mantawi Residences in Mandaue City, and Amisa Private Residences in Mactan, Cebu.
The company also allocated proceeds to office developments such as GBF Center in Bridgetowne and Cybergate Iloilo Towers, as well as hotel projects including Nustar Hotel, Grand Summit Hotel Cebu, Fili Hotel Bridgetowne, and Grand Summit Pangasinan.
The largest portion of the funds, amounting to P1.96 billion, was used for the acquisition of land in Taguig City, earmarked for an integrated development project.
RCR said the reinvestment of the proceeds aligned with its strategy of expanding a diversified portfolio of income-generating real estate assets nationwide, while maintaining transparency and compliance with disclosure requirements for listed REITs.
RL Commercial REIT shares rose P0.08, or 1.01 percent, to close at P8.00 each on Friday.