Rockwell Land secures ₱15B loan to keep expansion plans moving

Developer taps BPI financing as it advances capital spending and the planned redevelopment of Alabang Town Center.

Rockwell Land is doubling down on expansion despite a more challenging property market, securing a ₱15-billion credit facility to keep major projects moving.

The property developer tapped a long-term loan from Bank of the Philippine Islands to partly fund its capital expenditures, giving it more room to advance projects, including the planned redevelopment of the 17.5-hectare Alabang Town Center over the next five to 10 years.

The financing comes as Rockwell balances growth ambitions with a more cautious outlook. Company president and chief operating officer Valerie Jane Soliven told shareholders in June that the company remains focused on staying agile, maintaining strong liquidity, and preserving financial resilience as it delivers its committed projects.

Despite an encouraging first quarter, Soliven acknowledged that softer demand, higher interest rates, and new regulatory requirements could weigh on the company’s momentum in the months ahead.

Rather than scaling back, Rockwell is strengthening its financial position to keep long-term investments on track. For homebuyers, businesses, and contractors, that signals confidence that major developments will continue despite a tougher operating environment. Large projects also generate demand across construction, retail, and other industries that benefit from sustained property investment.

Rockwell chairman and chief executive officer Nestor Padilla earlier described the redevelopment of Alabang Town Center as a project that will anchor the company’s next 20 to 30 years of growth.

Opened in 1982, Alabang Town Center has long served as the commercial hub of Ayala Alabang, making its planned transformation one of Rockwell’s biggest long-term investments.

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