MANILA, Philippines — Filinvest REIT Corp. grew first-half net income 34 percent to P874 million as Festival Main Mall’s full-period contribution boosted revenues and offset weaker office leasing.
Filinvest Land’s REIT arm said revenues rose 31 percent to P2.05 billion in the first half, boosted by Festival Main Mall’s contribution.
“Our first-half performance reflects the resilience of our portfolio,” said FILRT President and CEO Maricel Brion-Lirio. “As we move through the rest of 2026, we will remain focused on disciplined leasing, prudent cost management and sustainability-led initiatives that support stable dividends and long-term shareholder value.”
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Costs and expenses rose 8 percent to P663 million, while other charges fell 1 percent to P185 million, boosting earnings.FEATURED STORIES
