Filinvest * 50 years in the business and one of the country's leading real estate developers.
* Developed over 2,000 hectares of land and more than 600,000 sq meters of prime office, residential and retail spaces.
* With assets valued at Php 114.5 bi
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| For more than 50 years now, the Filinvest Group has developed over 1,800 hectares of land into homes for more than 100,000 families and 400,000 square meters of prime office, commercial and high-rise residential space.
Filinvest Land, Inc. (FLI), its publicly listed residential development arm, is one of the country's leading full-range property developers, transforming over 5,000,000 square meters of land in the last 35 years.
Its diverse property portfolio caters to all markets as its 70 projects are located in 30 cities and municipalities in the country:
• Residential developments
• Farm estates and townships
• Retail and commercial developments
• Offices, IT and business parks
• Residential condominiums and condominium hotels
• Leisure developments
As of the end of 2007, FLI's landbank stood at 2,361 hectares, the bulk of which are located just outside Metro Manila, in the nearby provinces of Rizal, Bulacan, Batangas, Cavite and Laguna, as well as in the growth areas of Cebu, Davao, General Santos City in South Cotobato.
FLI has a 20 percent stake in Filinvest Alabang, Inc. (FAI), the developer of the 244-hectare Filinvest Corporate City (FCC).
FLI acquired in 2006 three strategic assets: (1) Festival Supermall in Filinvest Corporate City; (2) 60 percent stake in Filinvest Asia Corporation, which owns half of PBCom Tower in the Makati Central Business District; and (3) 60 percent stake in Cyberzone Properties, Inc., developer of office buildings in Northgate Cyberzone, a 10-hectare Business Process Outsourcing (BPO) office park.
By the end of 2008, FLI will have a total BPO office portfolio of 167,000 square meters of GLA, making it one of the top BPO landlords in the Philippines. |
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