Filinvest Land earns P4.8B on strong sales

Business & FinanceProperty
24 Feb 2026 • 12:11 AM MYT
The Manila Times
The Manila Times

One of the longest-running English broadsheets in the Philippines

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FILINVEST Land, Inc. on Monday reported consolidated revenues of P25.9 billion in 2025, up six percent from the previous year, and net income after tax of P4.81 billion, up by 4 percent, on the back of strong residential sales and solid retail leasing performance.

The company said the steady results were achieved despite high interest rates and shifting property market trends.

Filinvest said real estate revenues grew six percent year-on-year to P16.27 billion, driven largely by residential sales.

It noted that despite more selective homebuyer behavior amid elevated borrowing costs, demand remained resilient in the affordable and mid-income segments, particularly for ready-for-occupancy units in regional growth areas.

Retail leasing revenues, meanwhile, rose 10 percent year-on-year to P2.78 billion, boosted by improved occupancy, stronger consumer activity, and the entry of national and international brands such as MUJI, I Belong, Paeng’s, KKV, and HeyDay Café.

The company’s 258,017 square meter (sqm) retail footprint benefited from enhanced tenant curation and community-centric initiatives integrating shopping, dining, entertainment and essential services.

Leasing revenues across the portfolio improved five percent to P8.25 billion, supported by retail recovery and stable office demand.

The office segment showed a steady performance, generating P4.84 billion in leasing revenues across 421,611 sqm of occupied gross leasable area, thanks to tenant diversification, portfolio optimization and sustainability-focused upgrades.

Industrial revenues reached P412 million, driven by sales of industrial lots and recurring ready-built factory rentals in innovation parks in Calamba, Laguna, and New Clark City, Tarlac.

“As we look ahead, our priority remains sustained, disciplined growth anchored on operational excellence and long-term estate development,” said Tristan Las Marias, president and CEO.

“We will continue investing in projects that address real demand and contribute meaningfully to national and regional progress,” he added.

With a diversified portfolio spanning residential, retail, office, and industrial assets, Filinvest Land said it was well-positioned to manage near-term challenges while pursuing steady, value-accretive growth.

Filinvest Land shares on Monday added P0.01, or 1.23 percent, to close at P0.82 each.