Filinvest REIT Corp. (FILRT), the real estate investment trust of the Filinvest Group, plans to double its 330,000 square meter leasing portfolio over the
Filinvest REIT Corp. , the real estate investment trust of the Filinvest Group, plans to double its 330,000 square meter leasing portfolio over the next three years through asset infusions and acquisitions.
“We are aiming to double the current GLA of 330,000 sqm by acquiring dividend-accretive assets in the next three years, subject to current market conditions,” Brion-Lirio said. Brion-Lirio said the group is also open to acquiring commercial assets from parties outside the Filinvest Group, provided these assets meet the company’s assessment and investment criteria.
“We have repositioned and expanded our leasing organization to enable a shift in tenant mix, and we have repurposed and redesigned spaces to accommodate different types of clients,” she said.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Two Filinvest projects seen raising P3BFILINVEST Land Inc. (FLI) expects to generate some P3.1 billion sales from two new residential projects located in the Central Visayas.
Read more »
Filinvest Land wins double gold at Stevie International Business Awards 2024From over 3,600 nominations submitted by organizations of all sizes and industries across the globe, Filinvest Land, Inc. (FLI) once again proved its excellence by winning double gold at the esteemed 2024 Stevie International Business Awards.
Read more »
SM Prime reviews plans on $1-b REIT offering in 2025SM Prime Holdings Inc. (SMPH) said Friday it will re-evaluate plans for a $1-billion real estate investment trust (REIT) offering next year amid declining
Read more »
RCR’s revenues jumped 41% to P5.7b in 9 monthsRL Commercial REIT Inc. (RCR), the largest REIT in terms of geographical reach, posted revenues of P5.74 billion in the first nine months of 2024, or 41
Read more »
RLC infusion boosts REIT's profitGOKONGWEI-LED RL Commercial REIT Inc. (RCR) on Wednesday reported a 41-percent increase in January to September 2024 revenues to P5.74 billion from P4 billion a year ago, mainly due to a multi-asset infusion valued at P33.92 billion from its sponsor, Robinsons Land Corp. (RLC).
Read more »
SM Prime eyeing 2025 REIT listingSY family-led property developer SM Prime Holdings Inc. (SMPH) is taking it slow with regard to the possibility of an initial public offering of its real estate investment trust, or REIT, but could push through with the listing next year amid easing interest rates.
Read more »