Filinvest Development Corporation (FDC), the investment holding company of the Gotianun family, reported a 57 percent rise in attributable net income to P5.9 billion for the first nine months of 2023 from the P3.8 billion generated in the same period last year as it continues to recover from the...
Filinvest Land Inc. (FLI), a member of the Gotianun Group, reported a 22 percent improvement in attributable net income to P2.44 billion for the first nine months of 2023 on the back of growth in its residential and mall businesses. In a disclosure to the Philippine Stock Exchange (PSE), the...
Filinvest REIT Corp.'s (FILRT) net income for the first nine months of this year plummeted by 34.5 percent to P721 million from P1.1 billion in the same period in 2022. In their disclosure to the Philippine Stock Exchange (PSE), their revenues also decreased by 11 percent to P2.22 billion this year...
The Securities and Exchange Commission (SEC) has approved Filinvest Land Inc.’s shelf registration for fixed-rate bonds worth up to P35 billion. In a statement, the SEC said its Commission En Banc “resolved to render effective the registration statement of Filinvest Land covering...
In a bid to accelerate industrial growth in Central Luzon, property developer Filinvest Land Inc. and the Bases Conversion and Development Authority (BCDA) inaugurated the Filinvest Innovation Park - New Clark City (FIP-NCC) in Capas, Tarlac. The first phase of the project was made through...
Fortune Hill, the flagship project of Prestige by Filinvest, strategically located in San Juan. When purchasing a property, numerous factors come into play. Some focus on location, while others assess the surrounding community and accessibility. But for those who want to check all the bases, the...
FDC Water Utilities Inc., the subsidiary of Filinvest Development Corp. (FDC), partnered with Hitachi Ltd. to construct an advanced water recycling facility and upgraded sewage treatment plant (STP). In a statement on Tuesday, Oct. 17, the Filinvest Group said the company is committed to providing...
Sustainable urban developer Filinvest City joins the notable line-up of sustainability champions to be featured in the upcoming edition of the Manila Bulletin Sustainability Forum. This year’s edition of the forum will highlight various sustainability endeavors done by the private sector,...
It has been 25 years since Festival Mall, Alabang, opened in 1998. Since then, Filinvest Malls have expanded into opening more malls such as Fora Mall in Tagaytay City, Il Corso in Cebu, and Main Square in Bacoor City, Cavite. Muntinlupa Artemio Simundac, First SVP Francis Gotianun, Former...
Philippine Rating Services Corporation (PhilRatings) has assigned its highest Issue Credit Rating of PRS Aaa to Filinvest Land Inc.’s planned bond issuance of up to P12 billion. FLI is planning a P10 billion bond issuance, with an oversubscription option of up to P2 billion. The bonds were...
Filinvest Land Inc. (FLI), one of the Gotianun Group’s property development units, is planning to raise up to P12 billion from the issuance of peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange, the firm said the planned bond offering has been approved by its...
The Gotianun family’s investment arm Filinvest Development Corporation (FDC) and property development unit Filinvest Land Inc. posted higher earnings for the first half of 2023. In a disclosure to the Philippine Stock Exchange, FDC reported a 77 percent jump in attributable net income to P3.9...