Property developer Robinsons Land Corp. (RLC) plans to open five malls next year in areas outside of the National Capital Region (NCR) in line with its plan to expand its gross leasable area (GLA) by 11 percent, a company official said on Thursday.

Lourdes Alano, RLC vice president for lease, told reporters on the sidelines of the 4th Asia Pacific Real Estate Investment Summit in Parañaque City that they plan to open five new malls as well as three existing ones that are undergoing expansion.

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