CLI unveils Sugbu Prime Estate project

Listed Cebu Landmasters Inc. (CLI) is entering the co-living or dormitory segment with its P360-million joint venture Sugbu Prime Estate.

The 7,500-square-meter project will be built in Metro Cebu in partnership with the Farrarons family, which owns two hotels and a strip mall in the city, the Cebu-based property firm said in a statement on Wednesday.