FLI expands rental portfolio, cuts residential inventory

FLI expands rental portfolio, cuts residential inventory

Property developer Filinvest Land Inc. (FLI) aims to insulate itself from a potential downturn in the residential property segment by building up a P190 billion worth of investment portfolio that provides substantial recurring revenue. But while it is expanding its investment portfolio, the challenging environment caused by the coronavirus pandemic has prompted the property firm […]
FLI expands rental portfolio, cuts residential inventory

Construction lag pulls down FLI profit by 25%

Gotianun group-led Filinvest Land Inc. (FLI) saw a 25-percent year-on-year drop in first quarter net profit to P1.35 billion, citing the enhanced community quarantine (ECQ) that disrupted operations and delayed construction activities starting mid-March. Gross...