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RCR climbs after asset infusion news - BusinessWorld Online

Summary by bworldonline.com
INVESTORS flocked to RL Commercial REIT, Inc. (RCR) last week following the announcement of a mall asset infusion from its sponsor worth more than P30 billion via a property-for-share swap. Data from the Philippine Stock Exchange (PSE) showed that the real estate investment trust (REIT) of Robinsons Land Corp. (RLC) was one of the most actively traded issues last week, with 47.04 million shares exchanged, valued at P341.88 million. RCR shares cl…

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RCR climbs after asset infusion news - BusinessWorld Online

INVESTORS flocked to RL Commercial REIT, Inc. (RCR) last week following the announcement of a mall asset infusion from its sponsor worth more than P30 billion via a property-for-share swap. Data from the Philippine Stock Exchange (PSE) showed that the real estate investment trust (REIT) of Robinsons Land Corp. (RLC) was one of the most actively traded issues last week, with 47.04 million shares exchanged, valued at P341.88 million. RCR shares cl…

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bworldonline.com broke the news in on Sunday, June 29, 2025.
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