Nievera, Cherry Anne D.

GED105-C2 11202021

“JG SUMMIT’S ROBINSON LAND CORPORATION”

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In the Philippines, Robinsons Land Corp. is a well-known corporation. It is well-

known throughout the country for the Robinson shopping mall, and it also includes

many condominiums, offices, hotels, resort properties, industrial and integrated

complexes. The RLC is classified as a Real Estate Sector with the most renowned and

well-known name in the industry. They are dedicated to developing every property into

high-quality projects that add value to consumers and shareholders.

According to Forbes, Filipino-Chinese tycoon John Gokongwei, the fifth richest

man in the Philippines, owned JG Summit Holdings. On June 4, 1980, Gokongwei

founded the corporation. The RLC corporate headquarters are located on Level 2

Galleria Corporate Center EDSA corner Ortigas Avenue Quezon, Manila, and the RLC

corporate family consist of 97 firms. The JG Summit's real estate arm is the Robinsons

Land Corporation. The RLC employs about 1,929 people.

The RLC is a significant office space provider to call centers, BPO, and local and

foreign corporations in the Philippines. In 2016, IAIR, the RLC, received worldwide

recognition and was awarded in Hong Kong, and at the recently concluded 16th BCI

Asia Awards, it was named one of the country's Top 10 Developers. It has become a

pioneer in the Philippines and one of Asia's most influential real estate developers.

Robinsons Land Corp. has financial data (Annual Revenue 2020) of 499.00 million US

dollars, the RLC market, and condominium launched in Chengdu, China, in the well-
Nievera, Cherry Anne D. GED105-C2 11202021

known natural home of the adorable giant pandas. The RLC launch four Robinson

shopping malls in different cities of China.

Among the lister REIT companies, the RL Corporation has the highest market

capitalization and extensive geographical reach. The corporation is the largest in terms

of portfolio appraisal and value of assets. (“Business Sense: Robinsons Land's massive

REIT offering”) RLC gains the longest land lease term with an average lease span of 89

years due to the assistance of REIT.

Furthermore, the Robinsons Land Corporation reaches well beyond its various

estates in the Philippines and China. With projects and assets all around the country, it

has won numerous international accolades and has been named the most influential

real estate corporation in Asia. Robinsons Land Corp is well-known in China and the

Philippines for its shopping malls, apartments, and other developments.