Filinvest REIT Corp., the commercial real estate investment trust of the Filinvest Group, said Monday it is adding 12,400 square meters of leased space.
FILRT said in a disclosure to the stock exchange it secured new leases, as co-working facility operators and new business process outsourcing tenants were looking to expand operations in the Philippines.
It said the new leases would be on top of almost 10,300 sq.m. it signed with various tenants earlier this year.
“We are glad to announce our fresh wins, as we strive to meet the renewed demand for high-quality office spaces from both new and existing tenants who recognize the value of our sustainability thrust. This will allow us to grow and diversify our portfolio of sustainable commercial properties that elevate the lives and well-being of our community,” said FILRT president and chief executive Maricel Brion-Lirio.