Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, has entered into another lease expansion agreement with the NASDAQ-listed operations management and analytics company, EXLService Holdings, Inc..
In a disclosure to the Philippine Stock Exchange, FILRT said the agreement covers an additional 1,750 square meters of office space in Filinvest Two, Northgate Cyberzone in Alabang.
EXL initiated its partnership with FILRT in 2014 with a 5,200 square meters lease in Plaz@ E Building also at Northgate Cyberzone. The company has since renewed its contract with FILRT twice.
The latest expansion into Filinvest Two highlights EXL’s ongoing success and strategic growth in data and artificial intelligence.
“FILRT is delighted to support EXL’s growth and expansion within Northgate Cyberzone. The sustained trust and confidence of EXL in our properties over the years reflect our dedication to delivering premium office spaces and fostering long-term partnerships,” said FILRT President and CEO Maricel Brion- Lirio.
She noted that, “This enduring partnership with EXL demonstrates FILRT's commitment to providing sustainable, Grade A quality office spaces and exceptional tenant services.”
EXL is a New York-based leading data analytics and digital operations and solutions company, with exposure in industries such as insurance, healthcare, banking and retail, among others.
“As we mark our 25th anniversary, we are thrilled to see our business grow while staying aligned with our sustainability goals, ensuring that our success benefits both our company and the environment,” said Jaideep Anil Pradhan, EXL’s Senior Vice President and Geography Head for Philippines and Colombia.
EXL’s global environmental standards aligns with FILRT’s sustainability drive. Both Filinvest Two and Plaz@ E, which are part of the FILRT portfolio located within the Northgate Cyberzone in Filinvest City, Alabang, are powered entirely by renewable energy. At present, 94 percent of the FILRT portfolio is powered by renewable energy.
With FILRT's modern infrastructure and amenities, and proximity to a pool of competitive talents south of the capital, Filinvest Two is an ideal choice for companies seeking to grow in a competitive environment.
EXL’s decision to expand within Northgate Cyberzone signifies the thriving business ecosystem and robust infrastructure that FILRT provides.