Filinvest building $200-million integrated casino-resort

Date: April 6, 2018

The Gotianun family became the latest group to venture into the booming gaming sector after securing a license to build a $200-million integrated casino resort in Pampanga. In a disclosure to the stock exchange on Thursday, April 5, Filinvest Development Corp. announced that subsidiary Mimosa Cityscapes, Inc. is investing a minimum of $200 million to… Read more »

Filinvest to build $200-million casino-hotel complex in Clark

Filinvest to build $200-million casino-hotel complex in Clark

Date: April 6, 2018

The real estate developer secures a provisional license for a casino in its 201-hectare Mimosa+ Leisure City development. MANILA, Philippines – Gotianun-led Filinvest Development Corporation (FDC) announced it has secured the right to build a casino in its Mimosa+ Leisure City development at the Clark Economic Zone (CEZ) in Angeles City, Pampanga. The FDC said… Read more »

Mimosa Leisure estate

Filinvest to build $200M Clark casino

Date: April 6, 2018

Gotianun-led Filinvest Development Corp. (FDC) has signed a deal with the state-controlled Philippine Amusement and Gaming Corp. (PAGCOR) to develop a $200-million integrated gaming resort in Mimosa, a leisure estate in Clark, Pampanga. FDC is undertaking this project through subsidiary Mimosa Cityscapes Inc. (MCI), based on the conglomerate’s disclosure to the Philippine Stock Exchange on… Read more »

Rent revenue boosted FLI’s 2017 income

Date: March 22, 2018

GOTIANUN-led property developer Filinvest Land Inc. (FLI) said on Wednesday its net income hit P5.83 billion last year, 9 percent higher than the previous year’s P5.35 billion. Revenues reached a record P20.27 billion, up from last year’s P19.5 billion, mainly as a result of a major expansion of its rental property portfolio and the continued… Read more »

Filinvest’s 2017 profit up 9% to P5.83 billion

Date: March 22, 2018

Filinvest Land Inc.’s net profit increased by 9 percent to P5.83 billion in 2017 from P5.35 billion the year before. In a disclosure, the Gotianun-led property developer said its revenues rose 4 percent to P20.27 billion from P19.5 billion in 2016. It attributed the growth to its expanded rental property portfolio and strong demand for… Read more »

Rental revenues push FLI profit 9% higher in 2017

Date: March 22, 2018

FILINVEST Land, Inc. (FLI) grew its earnings by 9% in 2017, fueled by the expansion of its rental business alongside demand for both retail and office spaces. In a statement issued Wednesday, FLI said it generated a net income of P5.83 billion last year, as revenues reached P20.27 billion. The company’s 2016 financial report showed… Read more »

Filinvest Land says profit up 9% to P5.83b

Date: March 22, 2018

Filinvest Land Inc., one of the largest integrated real estate developers owned by the Gotianun family, said Wednesday net income in 2017 climbed nine percent to P5.83 billion from a year ago, boosted by the strong rental of retail and office development projects. FLI said in a disclosure to the stock exchange consolidated revenue reached… Read more »