Company Information

Home > Company List > Company Information

RL Commercial REIT, Inc.

Company Description
RL Commercial REIT, Inc. (RCR) was registered with the Securities and Exchange Commission (SEC) on May 16, 1988 as Robinsons Realty and Management Corporation primarily to acquire by purchase, lease or otherwise, and to own, develop, sell, mortgage, lease, and hold for investment or otherwise, real estate of all kinds. On April 15, 2021, the SEC approved the change in name to the present one as well as the change in primary purpose to that of a real estate investment trust.

RCR's principal investment strategy is to invest on a long-term basis in a diversified portfolio of income-producing real estate assets, leased primarily for office purposes, and located in major central business districts and key cities and urban areas across the country. The Company's sponsor is Robinsons Land Corporation (RLC).

On April 15, 2021, a deed of assignment was executed between RCR and RLC for the assignment, transfer, and conveyance by RLC of several properties to the Company in the form of buildings and condominium units, excluding the land wherein the buildings and the condominium units are situated, in exchange for shares. These assigned properties consist of: (i) the buildings and related immovable property in respect of Cyberscape Alpha, Cyberscape Beta, Tera Tower, Cyber Sigma, Exxa-Zeta Tower, Robinsons Cybergate Cebu, Robinsons Galleria Cebu, Robinsons Place Luisita 1, Cybergate Naga and Cybergate Delta 1, and (ii) 96 condominium units in Robinsons Equitable Tower and 31 condominium units in Robinsons Summit Center.

RCR's initial portfolio of 14 assets is comprised of these assigned properties as well as Robinsons Cybergate Center 2 and Robinsons Cybergate Center 3 in Mandaluyong City. The land on which nine of the assigned properties are situated is leased by the Company from the sponsor, while Cyber Sigma is subject to a lease agreement with the Bases Conversion Development Authority.

Source: SEC Form 17-A (2021)
Security Information
Sector Property
Subsector Property
Corporate Life
Incorporation Date May 16, 1988
Number of Directors 7
Stockholders' Meeting as per By-Laws first Wednesday of May of each year
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip Gorres Velayo & Co.
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 25F Robinsons Cyberscape Alpha, Sapphire and Garnet Roads, Brgy. San Antonio, Ortigas Center, Pasig City 1605 Philippines
E-mail Address [email protected]
Telephone Number +632 8397 0334
Fax Number
Website https://www.rlcommercialreit.com.ph