Rockwell Land

Rockwell Land ("Company") is a premier property developer for residential and commercial projects that cater to the high-end and upper-mid markets in Metro Manila. It is primarily engaged in the residential development of high-rise condominiums, as well as in retail and office leasing. The residential development segment involves the development, sales and property management of all residential units under the Rockwell Land brand. This segment currently accounts for 68% of the Company's EBITDA by end of 2013. Its portfolio of completed projects comprises of the following: West Block Residential Towers The Manansala (2005) Joya Lofts and Towers (2008) One Rockwell (2010,2011) The Grove by Rockwell Land - Phase 1 (2012) 205 Santolan by Rockwell Land (2014) Edades Tower and Garden Villas (2014) In addition to the above completed projects, the Company has the following ongoing projects: The Grove by Rockwell Land - Phases 2 & 3 The Proscenium The Alvendia 32 Sanson by Rockwell Land (in Lahug, Cebu City) 53 Benitez by Primaries Development Corporation, a wholly owned subsidiary The Commercial Leasing segment of the Company develops, leases and manages its retail and office developments. Its retail portfolio includes the Power Plant Mall (including the Power Plant Cinema) as well as various retail areas in its residential developments. The Company manages 48,000 sq.m. of retail space in the Rockwell Center, the Rockwell Business Center and The Grove. On the other hand, its lone office development is the Rockwell Business Center in Ortigas which has 44,000 sq.m. of leasable space. Recurring income generated from this segment contributes 32% of the Company's income by December 2013. Office development will increase to about 105,000 sqm of leasable space starting 4Q 2014 with the opening of the third tower of Rockwell Business Center in Ortigas City and the Lopez Tower in Makati City. The Company continues to seek new opportunities for its expansion and growth. The Company will launch several projects which are currently still in the developmental and design stages.