Mandaluyong City, Philippines — Filinvest Land, Inc. (PSE: FLI) demonstrated significant momentum in the first quarter of 2026, reporting a 4.5% increase in consolidated revenues to Php 6.31 billion. Net income after tax grew to Php 1.10 billion, fueled by a high-velocity business model that translated market demand into robust financial performance. 

 

A defining metric of the quarter was the company’s success in capital efficiency. FLI reduced its unsold residential inventory by Php 4.1 billion, underpinned by record Ready-for-Occupancy sales of Php 1.7 billion. This strategic movement of assets has fundamentally bolstered the company’s strong balance sheet, positioning it for sustained expansion. 

“These results reflect the strength of our long-term strategy—anchored on diversification, township development, and disciplined execution,” said Tristan Las Marias, President and CEO of Filinvest Land. “While near-term market conditions remain selective, our portfolio continues to generate stable cash flows and positions us well for sustainable growth.” 

 

Broad-Based Operational Success 

 

Residential: Strategic Sales Velocity. Real estate revenues rose to Php 3.92 billion. In a significant performance milestone, March reservation sales reached Php 2.7 billion, a 62% increase year-on-year. This growth was distributed across key regional hubs in Mindanao, Central Luzon, and the NCR, validating FLI’s focus on RFO inventory to meet immediate buyer demand. 

 

Mall Business: Scaling Momentum. The mall business continues to scale its contribution to the group, with leasing revenues rising 17% to Php 744 million. Bolstered by active asset enhancements, mall occupancy reached 80%, while the regional flagship Il Corso in Cebu recorded a 33% surge in foot traffic. 

 

Office & Industrial: Institutional Reliability. The company’s recurring income base remains a pillar of stability. Office leasing generated Php 1.26 billion in revenue with a perfect 100% renewal rate for all Q1 lease expiries. Simultaneously, the industrial segment is gaining traction, with robust interest in the 33-hectare mega lots at the Filinvest Innovation Park-New Clark City (FIP-NCC). 

 

An Affirmation of Development Excellence 

 

Parallel to its fiscal achievements, FLI’s commitment to world-class development was recognized at the 2026 FIABCI Philippines Property and Real Estate Excellence Awards. For the third consecutive year, Filinvest Land was named Developer of the Year, while Tristan Las Marias received the Property Man of the Year award. 

 

With 11 FIABCI Gold and Silver accolades—including honors for Somerset Lane, Futura Monte, Sanremo Oasis, Havila, Maldives Oasis, One Filinvest and Filinvest One and its Innovation Parks in New Clark City and Ciudad de Calamba—these awards serve as a testament to the development excellence that drives the company’s superior fiscal performance.