RL Commercial REIT, Inc. Announces Board Changes, Effective January 8, 2024
December 19, 2023 at 07:02 pm EST
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Board of Directors of RL Commercial REIT, Inc. (RCR) has duly accepted the resignation of Mr. Frederick D. Go as Chairman and member of the Board of Directors of RCR effective January 8, 2024. The Board likewise approved the appointment of Mr. Lance Y. Gokongwei as Chairman of the Board of RCR and the appointment of Mr. Faraday D. Go as member of the Board of RCR, effective January 8, 2024.
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. 
