Robinson Land Corp (RLC) said its estimated net income for 2025 rose 1.97% to P13.47 billion, supported by the contribution of its investment and development portfolio.
The property developer posted consolidated revenues of P48.52 billion for the year, up 13% from last year across all segments.
Its investment portfolio grew by 8%, while its development portfolio expanded by 30%. The organic residential segment recorded a 71% growth in revenue due to better inventory management and project completions.
“Our full-year performance reflects the resilience and diversified strength of our portfolio, highlighting the value of disciplined execution across all business segments. As we move forward, we remain focused on driving strategic growth, unlocking value in high-potential areas and delivering sustainable benefits for our customers, tenants and stakeholders,” RLC President and CEO Maybelle V. Aragon-Gobio said in a statement Thursday.
The company said attributable earnings increased 9% year over year if non-core gains from the 2024 GoTyme investment reclassification and insurance are removed.
As of December 31, 2025, RLC had total assets of P275 billion, including cash of P11.06 billion and shareholders' equity of P185.05 billion after disposing of mature debt of P13.80 billion.
The company reduced its net debt-to-equity ratio from 27% to 16% at the end of 2024, thereby reducing exposure to interest rate and market volatility while strengthening liquidity.
RLC raised P13.96 billion through oversubscribed block placement of RL Commercial REIT (RCR) shares in April and September, which were subscribed 1.8 times and 3.7 times, respectively, reflecting strong investor demand.
The company invested nine mall properties in RCR, increasing the REIT's market capitalization to P150.53 billion by December 31, 2025, while retaining a 60.51% ownership stake.
Robinsons Malls reported full-year revenue of P19.67 billion, up 10% year-on-year. Rental income increased 11%, while same-mall sales increased 8% due to improved consumer activity.
Robinson's office reported revenues of P8.43 billion for 2025, up 6% from last year. Same-office occupancy on new leases increased 200 basis points to 90%, bringing total portfolio occupancy including recently completed buildings to 85%, with business process outsourcing tenants occupying 82% of the space.
Robinsons Hotels & Resorts reported an 8% increase in revenue to P6.50 billion as travel and tourism demand continued to improve.
The growth was supported by hotels operated by international brands and company-owned luxury properties, including the five-star Philly and ultra-luxury NUSTAR Cebu, which launches in May 2025. Systemwide occupancy reached 67%, up 100 basis points from the previous quarter and above 60% of the market.
Robinson Residences generated P5.18 billion in organic net sales in 2025 and P3.11 billion from joint ventures.
Robinson Land's logistics and industrial unit RLX reported revenue of P890 million for 2025, driven by demand for industrial sites supporting supply chains and e-commerce.
“The portfolio maintained a 94% occupancy rate across 15 industrial facilities located in strategic logistics hubs, demonstrating continued tenant demand and expansion of logistics activity,” RLC said.
In line with the company's growth strategy, two additional logistics hubs – RLX Taytay 2 and RLC Calamba 2E – were completed in the fourth quarter of 2025, strengthening its presence in key logistics corridors and setting the stage to capture growing demand from distribution, manufacturing and e-commerce tenants.
Robinsons Destination Estates (RDE) recorded P1.06 billion in property development revenue, driven by deferred land sales to joint ventures indicating the continued monetization of its development pipeline.
At the local bourse on Thursday, RLC shares fell 2.82% to P17.26. — Alexandria Grace C. Magno