ASEAN Builder's Scoop - FCT to Sell YewTee Point; Activists at SSREIT Asked ESR to Buy Assets
Activists at SSREIT asked ESR to buy its assets; GLL to be acquired and delisted; Sheng Tai-IWG expands workspace in Melaka
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ENTITY
Filinvest Land (FLI PM)
Filinvest Land (FLI PM)
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Analysis
Real Estate • Philippines
Filinvest Land, Inc., together with its subsidiaries, operates as a real estate developer in the Philippines. The company operates through Real Estate Sales and Leasing segments. It develops and sells affordable and middle-market residential lots and housing units to lower and middle-income markets. The company also develops themed residential projects with a leisure component, such as farm estates and developments anchored by sports and resort clubs. In addition, it has investment properties comprising Festival Supermall, a shopping complex consisting of approximately 700 retail stores and outlets, 10 theater movie multiplexs, and 2 themed amusement centers, as well as exhibit, trade, and music halls; PBCom Tower located in Makati City; and office buildings in Northgate Cyberzone, a 10-hectare business process outsourcing office park. The company was formerly known as Citation Homes, Inc. and changed its name to Filinvest Land, Inc. in July 1993. The company was incorporated in 1989 and is headquartered in Mandaluyong, the Philippines. Filinvest Land, Inc. operates as a subsidiary of Filinvest Development Corp.
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