Filinvest REIT Corp. (FILRT) is presented as a strong investment opportunity for 2025, backed by its consistent dividend payouts, high dividend yield, and a robust portfolio of income-generating properties. The article highlights FILRT's commitment to sustainability through its eco-conscious developments and its growth strategy, which includes both organic and inorganic expansion.
Located in Filinvest City, Alabang, Muntinlupa, Northgate Cyberzone is an 18.7-hectare premier PEZA-accredited, campus-style development that houses 16 of the 17 Grade A office buildings of FILRT . Northgate Cyberzone is served by the country’s largest district cooling system (DCS) that distributes cooling capacity from a central source to multiple buildings, effectively reducing carbon and greenhouse gas emissions.
The office buildings in Northgate Cyberzone are 94 percent powered by renewable energy. If you are looking to invest in the real estate sector in 2025, Filinvest REIT Corp. (FILRT), a real estate investment trust backed by the Gotianun-led Filinvest Land, Inc. (FLI), is one of the solid bets. FILRT president and CEO Maricel Brion-Lirio, said an investor will get their money’s worth as FILRT has been consistently declaring dividends over and above the minimum required 90 percent of distributable income. Moreover, Lirio noted that the dividend yield of FILRT has been consistently above the average yield of the other commercial REITs combined. “Using the closing share price of FILRT last December 6, 2024, FILRT registered an annualized dividend yield of 8.3 percent against the average of all PH commercial REITs at 7.8 percent,” she said. FILRT is run by professional management with over 75 years of combined experience in office leasing and real estate development. Backed by one of the country’s major conglomerates under the leadership of the Gotianun family, FILRT has a huge land bank with at least 720,000 square meters of gross lease area (GLA) of commercial assets for potential infusion to the company. When interest rates fall, investors tend to seek out alternatives with higher yields over traditional fixed-income investments such as bonds that typically offer lower returns. Meanwhile, REITs, which often provide consistent and higher dividend payouts, become more appealing in a low-interest rate environment. “As such, we may be able to see increased demand for REIT shares in general (including FILRT shares) which may lead to improved REIT share prices performance,” said Lirio. Filinvest One, one of the 17 Grade A office buildings in Northgate Cyberzone along Alabang-Zapote Road, stands as a beacon of sustainability with its EDGE Zero Carbon certification. This office building, part of FILRT’s ecoconscious portfolio, exemplifies a strong commitment to reducing environmental impact while offering world-class, energy-efficient workspaces. Powered by renewable energy and designed with sustainable features, Filinvest One provides businesses with a green, innovative environment in the heart of the Philippines’ premier IT-BPO hub. With the support of Filinvest Land (FLI), Lirio said FILRT has recently concluded a voluntary Tender Offer that provided FLI shareholders with the opportunity for their shares to be bought back in exchange for those of FILRT. She said the Tender Offer gave the FLI shareholders that participated a compelling opportunity to participate in REITs, gaining exposure to a portfolio of income-generating properties. On the other hand, the exercise enabled FILRT’s public float to expand to 46.68 percent, effectively creating room for further asset infusions. Lirio said FILRT aims to double its current GLA of 330,000 by acquiring dividend-accretive assets in the next three years, subject to prevailing market conditions. Moreover, she said FILRT has 720,000 sqm of potential asset infusion from FLI and the broader Filinvest group. Lirio said these are Grade A office buildings, retail assets under the Filinvest malls and townships portfolio, and hotels under the Crimson and Quest brands in key tourist destinations of the country. FILRT’s portfolio consists of 18 properties totaling over 330k square meters. It has 17 Grade A office assets totaling over 300k square meters GLA of prime office space with a diverse and globally recognized tenant base. Geographically, 16 of the 17 buildings are in Northgate Cyberzone in Filinvest City in Alabang, while another building is located in the gateway of Cebu IT Park in Lahug, Cebu City. In December 2022, FILRT also acquired a 29.1-hectare land located in the most prime section of Boracay, Aklan from its ultimate parent company, Filinvest Development Corporation (FDC). FILRT’s growth drivers are both organic and inorganic. FILRT has organic growth from fixed rental escalations. Contractual escalation terms are built into about 90 percent of its leases, averaging 5.0 percent p.a. rental escalation overall. Further upside can also be expected as the occupancy rate increases. For inorganic growth, one of FILRT’s strategies is to expand in CBDs in Metro Manila and other regional hubs in the Philippines via income-generating real estate properties with high and stable occupancy. She said FILRT will be driven by a pipeline of high-value and green-designed assets to stay true to the company’s sustainability goals
REIT Filinvest REIT FILRT Real Estate Investment Investment Dividend Sustainability Northgate Cyberzone Filinvest Land FLI Office Buildings Property Market
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