RL Commercial REIT Corp. (RCR), the real estate investment trust of the Gokongwei Group, said net income in 2023 marginally increased to P4.44 billion from P4.41 billion a year earlier.
Revenues edged up by 1 percent to P5.48 billion from P5.44 billion, driven by "stable high operational performance" of the 16 assets infused by sponsor Robinsons Land Corp., the REIT said in a recent filing.
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