Filinvest REIT Corp. (FILREIT) is a wholly-owned subsidiary of Filinvest Land and maintains a highly competitive and attractive portfolio of office buildings which cater mainly to multinational Business Process Outsourcing (BPO) firms. The company is a real estate investment trust backed by Filinvest Land, Inc. (FLI), one of the largest property developers in the Philippines with an established portfolio of residential, office, retail and industrial developments around the country. FILRT was publicly listed on the Philippine Stock Exchange on 12 August 2021 as the first sustainability-themed REIT. As of 31 December 2022, 34.72% of the company is publicly traded while the balance is owned by its sponsor, FLI.

The company’s portfolio consists of over 300,000 square meters of gross leasable area (GLA), with 16 buildings located in Northgate Cyberzone in Filinvest City Alabang, one building in Filinvest Cyberzone Cebu Tower 1 located in the gateway of Cebu IT Park in Lahug, Cebu City, and 2.9 hectares of land that is being leased to the owner and operator of Crimson Resort & Spa Boracay, bringing total GLA to over 330,400 square meters. FILRT’s strategy is to expand in key central business districts in Metro Manila and towards major regional hubs in the Philippines with high and stable occupancy from income-generating grade A real estate properties, and deliver additional value by driving more efficient and sustainable cost of operations.

FILRT operates as a Real Estate Investment Trust in compliance with Republic Act No. 9856, otherwise known as the REIT Act of 2009. The company’s properties are rated Grade A by global real estate services firm JLL, with reputable tenants and multinational brands from the country’s thriving IT and BPO sector, providing stable cashflows. The company offers strong organic and inorganic growth, including from fixed rental escalations of 5% average growth annually and infusion of other properties with 315,000 sqm gross leasable area in the pipeline.