Property developer Filinvest Land Inc. (FLI) said Monday it has completed its P1.86-billion reinvestment program using proceeds from the December 2024 sale of shares in Filinvest REIT Corp. (FILRT).
The developer said it focused the investment on expanding residential communities and lifestyle hubs across high-growth areas in Luzon, Visayas and Mindanao.
“These investments reflect our strategy to bring quality developments closer to emerging urban centers while driving inclusive growth,” FLI executive vice president and chief finance officer Ana Venus Mejia said in a disclosure to the stock exchange.
“By focusing on key regional hubs, we aim to create vibrant communities that support economic activity and improve quality of life,” she said.
The program funded 10 major residential and leasing projects, including the Mimosa Lifestyle Mall and Filinvest Shoppes Mimosa in Pampanga, which received P309.4 million. The remaining funds were invested in several mid-rise and high-rise residential developments located in Camarines Sur, General Santos, Dagupan, Zamboanga del Sur, Metro Manila and Davao.
FLI received the P1.86 billion in December after selling over 517 million shares in the real estate investment trust company, FILRT, at P3.11 apiece.
The reinvestment is part of FLI’s long-term plan to strengthen its nationwide portfolio to ensure sustainable expansion, portfolio resilience and stakeholder value creation.
FLI reported that net income in the first nine months of 2025 rose 5 percent to P3.64 billion from the same period last year.
Earnings before interest, taxes, depreciation and amortization (EBITDA) grew 9 percent to P9.01 billion, reflecting cost discipline and operational efficiency.
Revenues also rose 9 percent year-on-year to P20.08 billion, supported by steady residential demand and stable leasing performance.
