Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, expects Festival Mall to boost its profits by 30 percent and increase dividend payouts once the property-for-share swap with its sponsor, Filinvest Land, Inc. (FLI), is completed. In a disclosure to the...
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 REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, reported a 13.3 percent increase in new leases in the first nine months of 2024 compared to the same period in 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said this is largely...
Renewable energy real estate investment trust Citicore Energy REIT Corporation (CREIT) announced plans to complete 32 clean power projects across Luzon and Visayas within the next five years. In a three-year investment strategy report filed with the Philippine Stock Exchange, CREIT stated that...
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...
DDMP REIT, INC. will be conducting its annual meeting of stockholders on December 13, 2024, Tuesday, at 3:30 P.M. through remote communication via Zoom. The link will be provided at least three (3) days prior to the meeting. Registration for...
DDMP REIT, INC. will be holding its annual meeting of stockholders on December 13, 2024, Tuesday, at 3:30 P.M. through remote communication via Zoom. The link will be provided at least three (3) days prior to the meeting. Registration for the said meeting will be...
Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, is aiming to restore the occupancy rates of its office leasing assets to 95 percent by 2026 with the full implementation of the law requiring a reduction in work-from-home arrangements. During the Philippine...
Citicore Energy REIT Corporation (CREIT), the country’s only renewable energy real estate investment trust, posted a two percent improvement in net income, reaching P1.04 billion in the first nine months of 2024, up from P1.02 billion in the same period last year. In a disclosure to the...
Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, registered a 24 percent growth in net income to P894 million in the first nine months of 2024 from P721 million in the same period last year as its occupancy rate recovers. In a disclosure to the Philippine...
Robinsons Land Corporation (RLC) achieved a 13 percent growth in net income to P10.01 billion in the first nine months of 2024, from P8.84 billion in the same period last year, driven by the company's investment in properties. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
The Gokongwei Group’s real estate unit Robinsons Land Corporation has raised P1.87 billion from the sale of a two percent stake in its real estate investment trust RL Commercial REIT, Inc. (RCR). In a disclosure to the Philippine Stock Exchange, RLC said it has completed the overnight block...
