Despite the economic climate being challenged by high inflation rates and other macroeconomic factors, the Gotianun-led Filinvest Land Inc. remains bullish in 2023 encouraged by the resilience of businesses and the continued support of their customers.
Indeed, things are going great for FLI. For instance, Las Marias said that in Filinvest Mimosa+ in Clark, Workplus 7 the third office building within the Workplus office complex will be operational and will be complemented by The Crib, the first co-living development of the company. On top of that, FLI will have mid-rise and high-rise condominium projects nationwide that are in various stages of development which target to launch within the next two to three years.
Las Marias noted FLI’s growth strategy focuses on balancing its mix of offerings, which includes offices to ensure sustained success. Further, FLI is completing several office developments that will cater to both traditional and business process outsourcing locators. Axis 3 in Northgate Alabang, Studio 7 in Quezon City, 387 in Makati and Marina Town in Dumaguete are some office developments that are targeted for completion within the year, according to Las Marias.
FLI is also taking advantage of revenge shopping and revenge malling as it embarks on the expansion wing of Festival Mall Alabang by completing a new and exciting food court by next year. With over 200,000 square meters of gross leasable area, Las Marias said Festival Mall offers a wide range of diverse leisure and entertainment areas, making it a great destination for families of all generations.
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