We’ve been blogging for free. If you enjoy our content, consider supporting us! Disclaimer: This is for informational purposes and is not investment advice. Figures are taken from company disclosures and exchange data; valuation ratios include the author’s calculations based on cited inputs. RL Commercial REIT, Inc. (RCR) is entering 2026 with a familiar REIT story—bigger portfolio, higher rents, and another year of heavy cash distributions—yet with a more nuanced market question: will growth remain yield-accretive on a per-share basis as the platform scales via property-for-share swaps? Bigger portfolio, bigger cash engine On the operating line that matters most to income-focused investors—recurring lease revenue—RCR delivered a strong year. Rental income climbed to roughly ₱8.86 billion in 2025, up about 34% from ₱6.61 billion in 2024 , as newly infused assets contributed for longer periods. The portfolio also expanded meaningfully, with nine mall assets infused in 2...