Filinvest Land, Inc. (PSE: FLI), a major real estate company in the Philippines, has released details about how its mall division, Filinvest Malls, is growing across the Visayas region. The company filed this information with the Securities and Exchange Commission on June 9, 2026.
Understanding Filinvest Land
Filinvest Land is a publicly traded company on the Philippine Stock Exchange. Think of it like a big company that builds and owns different kinds of properties – like malls, office buildings, and residential communities. The company has over 22 billion common shares and 8 billion preferred shares currently in circulation.
What’s Happening with Their Malls?
According to the disclosure, Filinvest Malls now operates three different properties in the Visayas region, each serving different purposes for the communities around them.
IL Corso in Cebu: The Seaside Shopping Destination
IL Corso is an 18,049-square-meter (that’s about the size of 2.5 football fields) shopping and dining place located in the City di Mare township in southern Cebu. What makes it special is that it sits right by the coast with views of the Cebu Strait – the body of water around Cebu.
The mall features local restaurant favorites like Parilya Seafood and Grill, Hukad, and Chika-an sa Cebu, where people can enjoy traditional Cebuano food. It also has popular shoe and clothing stores like Puma, Converse, Skechers, New Balance, Levi’s, and Giordano.
Beyond shopping, IL Corso has become known for community activities. In 2023, it hosted South Court Paddle, which was Cebu’s first Pickleball tournament held at a mall. Recently, a new entertainment bar called NO5 opened there. Coming soon is something called Salty Cruise, which will offer boat rides on the Cebu Strait.
Getting to IL Corso has become easier too, thanks to the Cebu Bus Rapid Transit (CBRT) route that now connects it to other parts of the city. The company plans to add another 18,518 square meters of space to IL Corso in 2026, making it almost twice as big.
Filinvest Shoppes Cebu: Shopping for Office Workers
This smaller property measures 5,746 square meters and is located at the bottom of Filinvest Cebu Cyberzone Tower 3, inside the Cebu IT Park – an area where many technology and call center companies have offices.
The shops here are designed for people who work in nearby offices. Recently opened stores include Robinsons Supermarket (for groceries), Youngcha Wellness Studio (for exercise and health), nail and hair salons, and restaurants. Workers can quickly grab what they need before or after work without traveling far.
Filinvest Malls Dumaguete: Community Hub by the Bay
In Dumaguete City, another growing area in the Visayas, Filinvest operates a 3,759-square-meter mall within Marina Town along Dumaguete Bay. Dumaguete is known as a university city with many students and tourists.
This mall combines local businesses like Sans Rival Bistro-Bar Lounge and Mrs. Breadworth Bakery Cafe with national brands like Power Mac Center (an Apple products store). It serves as a gathering place for students, residents, and tourists visiting the area.
Why This Matters
According to the company, these three malls represent different types of retail properties – from large lifestyle destinations to smaller community shopping areas. Each one is designed to match what the people in that specific area need.
The company explains that modern malls are no longer just places to buy things. They’re becoming community spaces where people gather, eat, relax, and experience local culture.
About Filinvest Malls
Filinvest Malls is the retail business division of Filinvest Land. Besides the three Visayas properties, the company also operates Festival Mall in Alabang, Main Square in Bacoor, and Fora Mall in Tagaytay in the Luzon region.
This information was disclosed by Filinvest Land, Inc. through an SEC Form 17-C filed on June 9, 2026, signed by Corporate Secretary and Corporate Information Officer Katrina O. Clemente-Lua.
Source Note:This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.
