The Gotianun Group is transferring ownership of its flagship Festival Mall-Main Mall in Filinvest City, Alabang, Muntinlupa City to Filinvest REIT Corporation (FILRT) in a P6.26 billion deal that marks the real estate investment trust’s entry into the retail leasing business. In a disclosure to...
Filinvest Land Inc. (FLI), the listed property unit of the Gotianun Group, has secured the highest PRS Aaa Issue Credit Rating from Philippine Rating Services Corporation (PhilRatings) for its planned bond issuance of up to P12 billion. In a statement, PhilRatings said FLI is planning to issue...
Filinvest Land Inc. (FLI), one of the property development units of the Gotianun Group, has finalized its plan to raise up to P12 billion from the issuance of fixed-rate peso-denominated retail bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
Filinvest Land Inc. (FLI) is poised to infuse more assets into Filinvest REIT Corporation (FILRT) after successfully increasing FILRT's public float through a voluntary tender offer that involved a swap of FLI and FILRT shares. In a disclosure to the Philippine Stock Exchange (PSE), FLI announced...
Filinvest Land Inc., one of the property development arms of the Gotianun Group, is raising up to P12 billion from the offer and issuance of Philippine peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its executive committee has approved the...
Filinvest Land, Inc., the publicly listed property developer of the Gotianun Group, reported an eight percent year-on-year increase in consolidated attributable net income, reaching P2.65 billion in the first nine months of 2024. In a disclosure to the Philippine Stock Exchange, the company...
Filinvest Land Inc. (FLI), a property development arm of the Gotianun Group, is ramping up its expansion in the Visayas with the launch of new residential projects within its townships in Iloilo and Dumaguete. The firm disclosed to the Philippine Stock Exchange (PSE) that it is launching the P1.8...
Large real estate developers in the country have voiced their support for proposed legislation aimed at extending the Bases Conversion and Development Authority’s (BCDA) corporate term. Filinvest Land Inc. (FLI), Ayala Corp., Megaworld Corp., and Hann Development Corp. have submitted letters of...
The P1.55 billion tender offer of Filinvest Land, Inc. for its shares in exchange for shares of its real estate investment trust, Filinvest REIT Corporation (FILRT), will start next week. In a disclosure to the Philippine Stock Exchange, FLI said the tender offer will run from Oct. 7 to Nov....
Filinvest Land, Inc. is preparing for another asset infusion into its real estate investment trust Filinvest REIT Corporation (FILRT) by undertaking a P1.55 billion tender offer for its shares in exchange for FILRT stock. In a disclosure to the Philippine Stock Exchange, the firm said its...
The Gotianun Group’s holding company Filinvest Development Corporation has decided to transfer its condotel business under FORA Services Inc. (FOSI) from Filinvest Hospitality Corporation (FHC) to publicly-listed Filinvest Land Inc. In a disclosure to the Philippine Stock Exchange (PSE),...
Filinvest Land Inc. (FLI), one of the Gotianun Group’s property development arms, reported an 11 percent hike in consolidated attributable net income to P1.54 billion for the first half of 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm said gross profit margins from the...
