A fire hit a portion of the Food and Drug Administration (FDA) complex at Filinvest in Alabang, Muntinlupa Monday night. According to the Muntinlupa City Fire Station, the fire hit FDA’s Feed Storage Room at about 7:28 p.m. with the first alarm at 7:45 p.m. The fire was declared under control at...
A building at a housing project in Alabang, Muntinlupa has been put under lockdown due to rising coronavirus disease (COVID-19) cases. Building 17 at Filinvest Socialized Housing has been placed under a 14-day Extreme Localized Community Quarantine (ELCQ) starting at 6 p.m. of Aug. 19 until 6 p.m....
Filinvest REIT Corp. (FILRT) reported an 8 percent improvement in net income to P1.05 billion in the first half of 2021 from the same period last year despite lower revenues. In a disclosure to the Philippine Stock Exchange, the firm said this was on the back of a 13 percent drop in revenues that...
It has been said that 2021 is the year of the REIT (real estate investment trust)`after two initial public offerings with a combined market capitalization of P74.36 billion plus two more IPOs in the pipeline with a maximum combined market cap of P128.43 billion. Makati CBD skyline These four IPOs...
Filinvest REIT Corp., (FILREIT) successfully listed at the Philippine Stock Exchange, closing the day one fluctuation higher at P7.02 from its initial public offering price of P7.00 despite the drop in the local market. “After months of great uncertainty, we finally arrived in our destination:...
The Department of Finance (DOF) said the growing roster of real estate investment trust (REIT) offerings will propel the growth of the Philippines’ property sector beyond the pandemic, serving as one catalyst for the country's quick and strong recovery. In a statement, Finance Secretary Carlos G....
Filinvest REIT Corp. (FILREIT), formerly Cyberzone Properties, Inc. and a real estate investment trust (REIT), has pegged the final offer price of its initial public offering at P7.00 per share. In a disclosure to the Philippine Stock Exchange, the firm said the offer price is set at the mid-point...
When one thinks of the Metro South, what comes to mind is different from the usual picture of a central business hub in the Philippines. Veering away from a saturated concrete jungle, Filinvest City has successfully found the middle ground of modernity and sustainability, resulting in improved...
MR.D.I.Y., one of the largest home and lifestyle improvement retailers in Asia, opened its 145 th store in the Philippines at Festival Mall Alabang. The celebration kicked-off with a store blessing and ribbon cutting attended by executives from MR.D.I.Y. Philippines and Filinvest Land Inc. From...
The Philippine Stock Exchange, Inc. (PSE) has approved Filinvest REIT Corporation’s planned initial public offering (IPO) of up to P14.88 billion worth of shares. 18885 Set to be the third REIT company to be listed in the Exchange, Filinvest REIT is offering 1.63 billion secondary shares and up...
Approximately 20 kilometers away from Kilometer Zero stands a bustling urbanized area that has mastered the right mix of sustainability and opportunities. For more than two decades, Filinvest City in Alabang has been influential in transforming the South into one of the key central business...
The Securities and Exchange Commission (SEC) has approved the planned P14.92 billion initial public offering (IPO) of the real estate investment trust (REIT) sponsored by Filinvest Land, Inc. (FLI). The Commission En Banc resolved to render effective the registration statement of Cyberzone...
