Cebu Landmasters tops off P3-B Davao City project - BusinessWorld Online

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CEBU Landmasters, Inc. (CLI) has completed its P3-billion mixed-use development in Davao City which it envisions to be a lifestyle and convention destination.

CITADINES Paragon Davao

“We’re pleased that The Paragon Davao will be completed just as Southern Mindanao fully opens up to travel and heightened business and leisure activity,” CLI Chairman and Chief Executive Officer Jose Soberano III said in a press release. One Paragon Place has 554 units set to be turned over in the fourth quarter of the year, it was named the “Best Condo Development” in 2021 by the PropertyGuru Philippine Property Awards.

In the third quarter of 2022, the company posted a 21.3% increase in attributable net income to P649.88 million, while its nine-month income grew by 18.7% to P2.2 billion.

 

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