Industrial assets buoy Letlole�s portfolio

Tuesday, November 17, 2015

Dunlop warehouse is one of the several industrial properties owned by Letlole

The value of Letlole La Rona’s (LLR) property portfolio has shown resilience to challenges currently facing the market. It achieved a P43.8 million growth for the year ending June 30, 2015, compared to the corresponding period in 2014.

According to their annual report, the LLR portfolio was valued at a recorded P622.3 million compared to the P578.5 million registered the year before on the back of strong support from industrial properties.

Property experts have indicated that the prices have been dropping recently as supply outstripped demand, particularly in the office space.

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Industrial assets buoy Letlole�s portfolio

The value of Letlole La Rona’s (LLR) property portfolio has shown resilience to challenges currently facing the market. It achieved a P43.8 million growth for the year ending June 30, 2015, compared to the corresponding period in 2014.

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