ALMOST a year after its initial public offering (IPO), Filinvest REIT Corp. (FILRT), the real estate investment trust (REIT) offering of Filipino builder Filinvest Land Inc. (FLI), continues to boost its presence in Cebu and attract multinational and blue-chip business process outsourcing (BPO) firms to its office developments.
Cebu Tower 1, the only property in Filinvest REIT’s portfolio located outside of Filinvest City in Alabang, is already BPO-occupied as of end-2021. The 13-story Grade A, PEZA-accredited office building is located near Cebu IT Park in Lahug City, Cebu, with close to 20,000 sqm of office space GLA and 675 sqm of retail GLA. CONTRIBUTED PHOTO