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Billionaire Lance Gokongwei’s Robinsons Land Sells $536 Million Of Malls To REIT

https://www.forbes.com/sites/iansayson/2025/06/20/billionaire-lance-gokongweis-robinsons-land-sells-536-million-of-malls-to-reit
Philippine billionaire Lance Gokongwei is hiving off about 30.7 billion pesos ($536 million) worth of shopping malls into his family’s RL Commercial REIT that will help the group’s diversified property arm Robinsons Land Corp. raise funds to bankroll its expansion plans. Robinsons Land—a developer of offices, residences and hotels controlled by the Gokongwei family’s JG

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