Filinvest Land, Inc. (FLI) announces the successful completion of its ₱1.86-billion reinvestment program, aimed at accelerating growth and expanding residential developments across key regions in the Philippines.
The program, which was funded through proceeds from the share buyback and exchange for Filinvest REIT Corp. shares on December 11, 2024, underscores FLI’s commitment to driving nationwide progress and creating long-term value for stakeholders.
The reinvestment initiative has been fully deployed across ten major projects in Luzon, Visayas, and Mindanao, addressing strong housing demand and enhancing FLI’s residential and recurring income portfolio.
The projects include:
Mimosa Lifestyle Mall and Filinvest Shoppes Mimosa (Pampanga) – Mall and Retail; ₱309.4M
Futura Monte Naga (Camarines Sur) – Mid-rise residential; ₱270.0M
Futura Bay GenSan (General Santos) – Mid-rise residential; ₱206.6M
Futura One Fora Dagupan (Dagupan) – Mid-rise residential; ₱137.0M
Futura Vinta Zamboanga (Zamboanga del Sur) – Mid-rise residential; ₱84.7M
Studio N (NCR) – High-rise residential; ₱267.0M
Futura Centro (NCR) – High-rise residential; ₱161.7M
8 Spatial Davao (Davao) – Mid-rise building; ₱107.1M
Cumulative Disbursement: ₱1.841 billion (100% of net proceeds)
“These investments reflect our strategy to bring quality developments closer to emerging urban centers while driving inclusive growth,” said Ana Venus Mejia, FLI Executive Vice President and CFO.
“By focusing on key regional hubs, we aim to create vibrant communities that support economic activity and improve quality of life.”
The reinvestment program aligns with FLI’s long-term vision to strengthen residential and lifestyle hubs nationwide, ensuring sustainable expansion, portfolio resilience, and value creation for its stakeholders.
Key Highlights:
Buyback Date: December 11, 2024
Shares Converted: 597,120,000 FILRT shares at ₱3.11 per share
Program Completion: October 31, 2025
Total Proceeds: ₱1.86 billion
Focus: Mid-rise and high-rise residential projects in Luzon, Visayas, and Mindanao
This milestone comes on the heels of FLI’s strong financial performance for the first nine months of 2025, with revenues reaching ₱20.08 billion, a 9% year-on-year increase.
Net income rose 5% to ₱3.64 billion, while EBITDA grew by 9% to ₱9.01 billion, driven by sustained residential demand and stable leasing performance across its nationwide portfolio.
