Filinvest Land eyes Q3 completion of industrial parks

25 April, 2023

REAL estate developer Filinvest Land Inc. is targeting to complete the development of all its industrial parks by the third quarter of this year.

Filinvest Land President Tristan Las Marias said this during the company's annual stockholders' meeting on Monday where he also declared that the company remained upbeat about growth because of resilient demand.

"For our industrial segment, the construction of ready-built factories is underway in all of our Innovation Parks, 4 of which are in Ciudad de Calamba and 2 in New Clark City," Las Marias said.

"For residential markets, we believe that the Metro Manila market will continue to grow, especially now that most companies have required employees to work on-site, and that most schools and universities have required students to return back to campus," he added.

Las Marias said the firm would continue developing residential, commercial and retail projects, particularly those that cater to middle and high-end sectors.

FLI president Tristaneil Las Marias said the group renewed its focus on developing township projects which would enable it to develop more residential, commercial and industrial projects. “This allows us to create fully-integrated and self-sufficient communities, catering to the diverse needs of our customers,” Las Marias said. Jenniffer B. Austria