Filinvest Land, Inc. (stock code FLI) recently announced its performance for the first half of 2025: consolidated revenue reached 12.21 billion pesos, a 6% increase year-over-year; net profit was 2.12 billion pesos, a slight increase of 1%. The strong rebound in retail and office leasing has helped it stand out amid economic headwinds, making it the "dark horse" of the Philippine real estate industry this year.
The company stated that through precise rental strategies and strict cost control, both the occupancy rate and EBITDA have steadily increased. Its Festival Mall and various shopping centers performed exceptionally well, with the newly opened Filinvest mall in Dumaguete quickly attracting tenants. The leasing revenue from the retail sector reached 1.32 billion pesos, up 11% year-over-year, with the gross margin rising to 56%.
Office leasing also strengthened, with revenue up 8% year-over-year to 2.48 billion pesos. New clients include the American BPO company Pinnacle Intelligence and Qatar Aviation Services. The gross margin increased to 64%, indicating that traditional businesses and government clients have become new growth drivers.
The industrial sector also showed potential. Nine ready-to-use factories located in Calamba and New Clark City had an occupancy rate of 100%, covering nearly 22,000 square meters, contributing 153 million pesos in revenue for the first half of the year, and are listed as a key development area for the future.
Residential sales were robust, with revenue of 7.48 billion pesos, with mid-range residences accounting for 70% of sales, and the gross margin rose to 53%. Major projects are located in Luzon (excluding Manila), Visayas, and Mindanao, including New Leaf in Samar, One Oasis in Cebu, and Maldives Oasis in Davao, all of which performed well, with over 300 new units launched in Davao.
In addition, the co-working brand The Crib Clark was fully leased, generating 136 million pesos in revenue, becoming an important part of the company's diversified income.
In the field of human resources, Filinvest Land was awarded the 2025 Stevie® Employer of the Year Bronze Award for the real estate industry, making it the only Philippine real estate company to win the award, alongside international brands such as IBM and DHL. The company's 95% on-time recruitment rate, 97% hiring success rate, an average of 45 hours of training per employee, and a female management ratio of over 50%, highlight its people-centric management philosophy.
President and CEO Llas Marias stated, "Our growth stems from the growth of our employees. Passion and execution are the driving forces behind the realization of the Filipino dream."
Against the backdrop of global economic uncertainty and intensified regional competition, Filinvest Land, with its diversified layout, precise strategy, and robust execution, is becoming an unignorable force in the Philippine real estate landscape.
