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...
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 Development Corporation (FDC), the holding company of the Gotianun Group, reported a 59 percent jump in attributable net income to P9.5 billion in the first nine months of 2024 from the P5.9 billion earned in the same period last year. In a disclosure to the Philippine Stock...
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...
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...
Manila Bulletin has been a staunch advocate of sustainability since the first MB Sustainability Forum in 2022. The forum promotes conversations about sustainability and serves as a platform to raise awareness about it. Last year, the two-day event called for urgency in addressing...
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...
Gotianun-led Filinvest Land Inc. is expanding in the Visayas region with the recent opening of its new mall, Filinvest Malls Dumaguete. On Tuesday, Oct. 8, Filinvest said the new mall is situated at the Flores Avenue along the Dumaguete bay, and boasts of 3,759 square meters (sqm) of gross leasable...
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 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...
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),...