Rockwell Land Inc. said Wednesday it expects a steady growth in revenue through 2028, fueled by the development of its 500-hectare land bank located in key provincial cities.
Nestor Padilla, chairman of the Lopez Group’s property development arm Rockwell Land, said most of the land is located in key cities in the provinces of Batangas, Bulacan, Laguna and Pampanga. “Our current presence in these strategic sites has given us the optimism to develop more products, allowing us to excite our core market with new offerings to complement their lifestyles,” he said.
Rockwell Land is set to launch this year a 100-hectare development in San Jose City, Bulacan called The Samanean at the Paradise Farm, a 63-hectare joint development with General Milling Corp. in Lipa City, Batangas, and a 38-hectare Lauan Ridges, a residential and hotel development with a view of Taal Lake.
Rockwell Workspaces is also set to launch in July a project called 1 Rockwell, the first office building in the 2.8-hectare IPI Center in Cebu City.
Rockwell Land last year reported a 35 percent growth in net income to P3.1 billion on revenue of P18.5 billion.
