RL Commercial REIT, Inc. Declares Cash Dividend for the First Quarter of 2023, Payable on May 31, 2023
April 23, 2023 at 11:10 pm
Share
RL Commercial REIT, Inc. declared cash dividend of PHP 0.0977 per outstanding common share for the first quarter of 2023, 0.10% higher than fourth quarter of 2022. The dividend is payable on May 31, 2023 to stockholders of record as of May 22, 2023.
RL Commercial REIT, Inc. is a Philippines-based real estate investment trust (REIT) company. The Companyâs primary purpose is 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. It leases to a diversified tenant base and has a portfolio of approximately 16 commercial real estate assets across the Philippines with an aggregate gross leasable area (GLA) of 480,479 square kilometers. The Company's portfolio consists of commercial spaces primarily leased for office purposes, with minimal retail spaces on some of the properties to support the needs of office tenants. Its properties include Robinsons Equitable Tower, Robinsons Summit Center, Cyberscape Alpha, Cyberscape Beta, Tera Tower, Cyber Sigma, Exxa-Zeta Tower, Robinsons Cyberscape Gamma, Robinsons Cybergate Center 2, Robinsons Cybergate Center 3, Robinsons Cybergate Cebu, Galleria Cebu, Luisita BTS 1, and Cybergate Naga.
RL COMMERCIAL REIT, INC. 
