Under the deal, Filinvest Land will transfer ownership of Festival Mall to Filinvest REIT (FILRT) in exchange for 1.63 billion FILRT shares at 3.85 pesos each, a 25% premium to Friday’s closing ...

MANILA, Philippines — Filinvest Land Inc. (FLI), the property arm of the Gotianun family, is forging ahead with its aggressive nationwide expansion, staying resilient amid market oversupply ...