Filinvest REIT Corp. (FILRT) is stepping out of the shadows, emerging as one of the market’s underappreciated property trusts just as it diversifies beyond offices into retail and secures a fresh vote of confidence from analysts.
The Gotianun family-led Filinvest Land Inc. (FLI) is transferring its ownership of Festival Mall - Main Mall to Filinvest REIT Corp. (FILRT) through a P6.2-billion property-for-share deal.
Filinvest Land Inc. (FLI), led by the Gotianun family, has completed its capped tender offer, swapping 1.87 billion FLI shares for 597.1 million Filinvest REIT Corp. (FILRT) shares.
NASDAQ-listed outsourcing group EXLService Holdings Inc. is taking another 1,750 square meters of office space in Filinvest Two, Northgate Cyberzone, Alabang, upsizing its footprint by over 33 percent.