Filinvest Development Corporation (FDC) is picking up the pace toward becoming one of the fastest-growing conglomerates in the Philippines. As the parent company of diverse businesses contributing to key sectors driving economic progress, FDC is focusing on new strategies to ensure growth and excellence, showcasing a remarkable mid-year financial performance for 2024.
Author: Filinvest Development Corporation
Three Major Wins for FLI at the Dot Property Philippines Awards 2024
Filinvest Land, Inc. (FLI) strengthens its reputation as one of the Philippines’ leading full range real estate developers, clinching multiple prestigious awards at the Dot Property Philippines Awards 2024.
FILRT wins gold for sustainability at 2024 Stevie International Business Awards
Filinvest REIT Corp. (FILRT) wins anew at the 2024 Stevie International Business Awards®, reaffirming its position as a sustainable REIT. FILRT earned a Gold Stevie® Award in the Sustainability Product of the Year – Asia, Australia, & New Zealand category).
Filinvest Development Corporation’s 1H24 net income rises 41% to P5.5B, 2Q growth at 46%
Filinvest Development Corporation’s (FDC) net income attributable to equity holders of the parent company grew by 41 percent to ₱5.5 billion in the first half of 2024 from ₱3.9 billion in the same period last year. For the second quarter, net income grew by 46 percent to ₱2.6 billion from ₱1.8 billion in the same period in 2023. The growth was driven mainly by the banking, power, and property businesses.
Fueling Clark’s Growth: Filinvest’s Role in Economic Expansion
Beyond building and enabling thriving communities for Filipinos, the Filinvest group is a committed partner in nation-building efforts that fuel local economic growth. One of its landmark investments is in Central Luzon where it is helping revitalize and transform Clark into a thriving economic powerhouse.
Fast Forward: Filinvest Growing as One
The Filinvest Group continues to move fast forward this 2024, reinforcing its commitment to sustainable growth and sharing with its stakeholders the promise of enabling more Filipinos to achieve their dreams.
City di Mare in SRP: Your Next Investment in the South
Nestled within the 300-hectare South Road Properties (SRP), City di Mare (CDM) is a 58-hectare mixed-use township. Of this, 40 hectares is a joint venture between Filinvest Land, Inc. and the Cebu City Government — envisioned as a community where business, lifestyle, and nature intersect.
1001 Parkway Residences Wins Award, Marks Milestone: A Sustainable Oasis Rises in Filinvest City
1001 Parkway Residences in Filinvest City, Alabang, a high-rise residential condominium complex developed by Filigree, recently celebrated several significant milestones. The First Concrete Pouring Ceremony marked the project’s transition from plans to tangible reality.
Filinvest wins NBI Office Lease Contract
Filinvest Cyberparks, Inc. (FCI), the office business arm of Filinvest Land, Inc. (FLI), won the bid for the lease of office space for the Main Office of the National Bureau of Investigation (NBI) on March 19, 2024. In a move to enhance its workspaces and operations, NBI will be leasing FCI’s prime office spaces at Filinvest Cyberzone Bay City (FCBC) in Pasay City.
Filinvest REIT Corp. Signs Lease Agreement with Gear Inc. for its First Office in the Philippines
Filinvest REIT Corp. (FILRT) signed a lease agreement with Gear Inc., a global player in Business Process Outsourcing established in 2007. Headquartered in Singapore, Gear Inc. powers business growth with over 6,000 professionals from East, South, and Southeast Asia, North and South America, and EMEA.