Filinvest REIT Corp. (FILRT) Stock Price
₱3.07
1.32%
(
$0.0543
in US Dollar
)
Price Data
Open Price
₱3.07
High Price
₱3.07
Low Price
₱3.03
52-Week High
₱3.41
52-Week Low
₱2.58
Market Data
Trade Volume
₱2.99 Million
Market Cap
₱15.02 Billion
P/E Ratio
51.17
Earnings Per Share
₱0.0600
Book Value
₱8.45
Company Profile
Filinvest REIT Corp. (FILRT) was registered with the Securities and Exchange Commission on January 14, 2000. The Company began commercial operations in 2001 and is registered with the Philippine Economic Zone Authority as an economic zone facilities enterprise. FILRT was originally known as Cyberzone Properties, Inc. before changing its name to the present one on July 2, 2021.
FILRT's principal investment strategy is to invest in income-generating real estate. To meet the investment criteria, a potential new real estate should be located in a prime location in either Metro Manila or other key provinces in the Philippines; be focused on Grade A commercial properties (including industrial properties); and have stable occupancy, tenancy, and income operations. The Company's sponsor is Filinvest Land, Inc.
FILRT's property portfolio currently consists of 17 office buildings, of which 16 are in Muntinlupa City, Metro Manila and one is in Cebu City. The land on which the 16 office buildings are located is leased by the Company from the sponsor, while the land on which Cebu Tower 1 is situated is owned by the Cebu Provincial Government and is operated by the Company under a build-transfer-operate arrangement.
Source: SEC Form 17-A (2022)
Stock Information
Sector
Property
Subsector
Property
Outstanding Shares
4,892,777,994
Share Type
Common
ISIN
PHY2491W1046
Board Lot
1000