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Robinsons to open more malls

/ 12:03 AM March 26, 2015

Robinsons Land Corp. is expanding its mall footprint with the opening of three shopping centers starting this year through the first quarter of 2016, a statement on Wednesday showed.

Robinsons Land, the property arm of Gokongwei-led JG Summit Holdings, said it would open Robinsons Place Tagum by December this year; Robinsons Place Jaro Iloilo in February 2016 and Robinsons Place Gen Trias by March of 2016.

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“These new additions to Robinsons Land Corp.’s network of 44 malls all over the country highlight the company’s confidence in the growth areas outside the National Capital Region. We believe that creating these retail hubs in the countryside will offer growth opportunities not only to retailers but also the local entrepreneurs,” Arlene G. Magtibay, Robinsons Malls general manager, said in the statement.

Robinsons Place Tagum will have a total of 34,439 square meters in leasable spaces to be offered to over 300 tenants, or about 60 percent of the mall’s gross floor area of 65,800 sqm.

For Robinsons Place Jaro , the company is looking at a gross leasable area of about 23,074 sqm for over 250 tenants, anchored by Robinsons Department Store, Robinsons Supermarket, Handyman and Robinsons Appliances. Miguel R. Camus

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TAGS: Business, economy, Malls, News, retailing, Robinsons
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