FILREIT listing

The Philippine Stock Exchange Inc. board of directors and government officials witness via a virtual ceremony the initial public offering and listing of Filinvest REIT Corp. (stock symbol: FILRT). FILREIT raised P12.58 billion from the sale of secondary and over-allotment shares on Aug. 12. PSE president and chief executive Ramon Monzon (top row, left) lauded the Filinvest Group for pursuing the IPO of FILREIT amid uncertain times, saying the confidence stems from Filinvest Land Inc.’s decades of experience of going through and overcoming economic headwinds and in the process creating an enviable track record in property development and management.