Industrial assets buoy Letlole�s portfolio

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

Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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