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
Implement the recommendations Mr. President

The nation is eagerly awaiting this report to have a glimpse of what the recommendations are like, possibly for further debate. Mr. President, it’s our ardent hope that true to your promises, the public will have an opportunity to peruse the report and see if it reflects their interests as the Commission went around the length and breadth of the country collecting views of the people with some choosing to write to the Commission’s...

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