Filinvest Land jumps to strong start in 2025

MANILA, Philippines — Strong residential sales, sustained leasing momentum and improved profitability across business segments boosted earnings of the Gotianun family’s listed property developer Filinvest Land Inc. in the first quarter.

FLI’s net income grew by eight percent to P1 billion from January to March, while net income attributable to parent improved by three percent to P905 million.

Its strong performance at the start of the year was supported by a 12-percent increase in consolidated revenues and other income amounting to P6.04 billion.

FLI president and CEO Tristan Las Marias said that the company’s focus on ready-for-occupancy sales is driving stronger residential revenues and better asset returns.

The middle-income segment, which represents the core of FLI’s housing portfolio, accounted for 79 of total residential revenues and posted 20 percent growth year-on-year.

For retail and office leasing, he said FLI is combining targeted rent strategies with tighter cost control to boost occupancy and EBITDA (earnings before interest, taxes, depreciation and amortization).

Rental revenues climbed by 17 percent to P2.06 billion, as the company saw rising occupancy and demand for both office and retail spaces.

Las Marias said the company is fast-tracking the opening of its new malls in Activa Cubao and Mimosa Clark, both drawing strong tenant interest due to prime locations.

FLI looks to sustain its growth trajectory in the coming quarters, with plans to continue driving sales nationwide by strengthening its mass-market housing portfolio and accelerating the build-up of local sales channels.

The company also intends to scale its international sales network, building on the momentum of strong-performing branches in the Middle East and the promising results from newly opened offices in key overseas markets.

Further, FLI said its focus remains on affordable housing and condo offerings targeted at the underserved mass market in emerging urban centers across the country.

“The solid performance of our residential projects in VisMin and Luzon outside NCR continues to fuel overall growth in 2025. With strong fundamentals and an agile approach, we are well-positioned to build on this momentum,” ” Las Marias said.