Robinsons Land pushes ahead with 2026 projects despite rising costs

Developer Robinsons Land Corp. (RLC) will push ahead with all planned developments for 2026 despite rising construction costs and geopolitical uncertainties linked to the Middle East conflict, the company’s president said.

RLC is banking on hefty cash reserves, disciplined cost management and a growing recurring income base to cushion the impact of external shocks.

“We are pushing through with all of our projects as committed,” RLC president Maria Socorro Isabelle Aragon-GoBio said in a press briefing following the company’s annual stockholders meeting.

While the company continues to monitor increases in key construction inputs such as steel, cement and aluminum, Aragon-GoBio said RLC can proceed with the projects given its financial position.

“We are very disciplined about our budgeting. We are very proactive in wanting to monetize our assets through real estate investment trust. So these efforts gave us a lot of financial flexibility to continue undertaking what we have set out to do,” Aragon-GoBio said.

The property firm will continue to grow its recurring income businesses, which now account for around 73 percent of revenues and over 80 percent of earnings before interest and taxes. This early pivot provided the company more stable cash flows during volatile periods.

RLC sees opportunities in its logistics and warehousing segment as rising transport and fuel costs push more companies to outsource warehousing requirements and pursue build-to-suit facilities.

For its residential business, RLC remains cautiously optimistic despite softer buyer sentiment and concerns over oversupply in some segments. The company tightened inventory management and shifted its focus toward end-users through ready-for-occupancy and lease-to-own offerings.

The developer also reported continued strength in its malls and hotels business. Foot traffic in the first quarter rose 5.2 percent from a year earlier, while hotel occupancy and revenues also improved despite temporary booking cancellations during the early stages of the Middle East tensions.