News Updates

March 28, 2019

FDC 2018 net income up 31% to P13.4B

The biggest power plant in Mindanao by FDC Misamis Power Corporation goes online to help ensure the supply of reliable and competitively-priced power for the region. FDC Misamis is a subsidiary of FDC Utilities, Inc. and a member of Gotianun’s Filinvest Development Corporation.

MANILA, Philippines–The year 2018 was a banner year for the Filinvest group as it reported consolidated net income of P13.4 billion, 31% higher than the previous year’s...

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March 27, 2019

Filinvest City hosts Wanderland 2019

About 15,000 guests gather at the sprawling Filinvest City Events Grounds for the Wanderland Music and Arts Festival 2019.

Metro South had another epic weekend recently when Filinvest City once again hosted this year’s Wanderland Music and Arts Festival, one of the biggest music festivals in the Philippines.Now on its third year of celebrating music and the arts in Metro South’s premier garden city, Wanderland 2019 was another huge...

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March 14, 2019

Filinvest Land to launch P30B worth of projects

FILINVEST LAND, Inc. (FLI) will be launching P30 billion worth of projects this year, as it maintains a positive outlook for the property sector.

This is almost double the P16 billion worth of projects FLI unveiled in 2018, according to a company statement issued on Monday.

“Our outlook on the property sector remains positive, with our 37% year-on-year growth in reservation sales in 2018. We continue to focus...

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March 14, 2019

Filinvest Land’s 2018 year-on-year revenue up 10% to P22.21B

MANILA, Philippines–Filinvest Land, Inc. (FLI), the publicly listed property arm of Gotianun-led Filinvest Development Corporation (FDC), registered a 10-percent increase in revenues (year-on-year), with gross revenues of P22.21 billion in 2018.

Driven by rental revenue growth of 27 percent (year-on-year), which reached P5.61 billion, FLI’s recurring income contributed to 46 percent of FLI’s net income in 2018. FLI’s net income hit P6.08 billion in 2018, an increase of 4...

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March 05, 2019

Filinvest City eyes LEED-ND certification

FILINVEST CITY is aiming for Leadership in Energy and Environmental Design for Neighborhood Development (LEED-ND) Plan Version Four certification from the United States Green Building Council (USGBC).

“We want Filinvest City to be an experiential CBD (central business district), for residents and workers to experience the city at a ground level-that their daily lives won’t end at their offices or homes, but rather extend to the parks and other...

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