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Robinsons Land Corp. (RLC) is planning to expand its malls’ gross leasable area by 50 percent to 2.49 million square meters (sq.m.) by the end of 2030.
In a statement, RLC said the expansion will be distributed to 69 malls from 55 as of 2024.
RLC in a regulatory filing said its malls divisio currently have 1.68 million sq.m.
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RLC opened its 56th mall in April, Robinsons Pagadian, which increased gross leasable area by 23,800 sq.m.
RLC said its malls division is also poised to expand further with 28,000 sq.m. additional leasable space this year.
This will be undertaken via the expansion of Robinsons Bacolod, the redevelopment of Robinsons Manila and the completion of a new mall in Caloocan,” she said.
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