FILINVEST Alabang Inc. was recognized by an Asia Pacific award-giving body for its sustainability efforts.
The subsidiary of listed Filinvest Development Corp. was named by BCI Asia as one of the Top 10 Property Developers in the Philippines. This is the second successive year for Filinvest Alabang to receive such recognition.
Filinvest Alabang is the developer of the 244-hectare Filinvest City, a master-planned urban development in Alabang. The urban development was recently recognized as the Best Mixed-Use development in the Philippines by the Asia Pacific Property Awards.
Launched in 2005, the BCI Asia Top Ten Awards is held in seven Asian countries including Hong Kong SAR, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
“We are honored to be once again part of BCI Asia’s list of top developers. This recognition inspires us to create even more projects that conform to the standards of sustainable urban developments, where people can live, work and play for generations to come,” said Filinvest Group President and Chief Executive Officer Josephine Gotianun-Yap.
From 2011 to 2014, Filinvest Land Inc., another Filinvest Development, was a consistent recipient of the Top 10 Developers award from BCI Asia.
Yap noted the company’s property development endeavors continue to be fueled by the desire to fulfill every Filipino’s dream home and coveted lifestyle.
“Filinvest will continue to expand and innovate as we remain committed to building the Filipino dream, one home at a time, across the country,” she said.
During the BCI ASIA awards night at the New World Makati on June 7, Filipino property developers with a combined portfolio of $4.27 billion for 2016 were recognized for their sustainability efforts.
Besides Filinvest Alabang, the other developers recognized were 8990 Housing Development Corp., Ayala Land Inc., Century Properties Group Inc., DMCI Homes Inc.,Kissan Lu Lands and Development Inc., Megaworld Corp., Robinsons Land Corp., Rockwell Land Corp., and SM Prime Holdings Inc.
The winners were chosen based on the greatest aggregate value of projects under construction during the last full calendar year, weighed by the extent of their sustainability efforts, according to BCI.