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MANILA, Philippines – Filinvest Land Inc. (FLI) saw its mall business post double-digit growth in the first quarter, driven by higher occupancy and stronger consumer activity across its retail portfolio.
In a disclosure on Tuesday, the Gotianun-led property developer said leasing revenues from its mall business rose 17 percent year-on-year to P744 million in the January-to-March period.
Portfolio-wide occupancy also reached 80 percent during the quarter.
READ: Filinvest Land Q1 income rises to P1.1B
