FILRT, Filinvest Land added to ATRAM SDG fund

FILINVEST REIT Corp. (FILRT) and Filinvest Land, Inc. (FLI) have been included in the ATRAM Philippine Sustainable Development and Growth (SDG) Fund portfolio, a local equity fund focused on companies that meet environmental, social, and governance (ESG) and financial performance criteria.

“As capital markets increasingly recognize the link between sustainability and financial performance, inclusion in sustainability-focused investment strategies highlights the strength of our ESG approach and our readiness to meet evolving investor expectations,” FILRT President and Chief Executive Officer Maricel Brion-Lirio said in a statement on Thursday.

The ATRAM Philippine Sustainable Development and Growth Fund selects 20 Philippine Stock Exchange-listed companies based on their alignment with the United Nations’ Sustainable Development Goals after screening about 100 firms through an internal evaluation process.

FLI and FILRT were included in the fund’s portfolio for their sustainability-related practices in real estate development, asset management, and corporate governance.

“At Filinvest Land, sustainability is integral to how we design, build, and operate our developments. Being included in an SDG-aligned investment portfolio affirms our commitment to creating long-term value for our stakeholders while contributing to national and global sustainability goals,” FLI President and Chief Executive Officer Tristan Las Marias said.

FLI cited programs involving green building development, energy efficiency, water conservation, and community initiatives, while FILRT said it continues to implement energy-efficient and green-certified building practices across its portfolio.

The fund has outperformed the Philippine Stock Exchange index (PSEi) since its launch, reflecting investor interest in sustainability-linked investments.

By the end of 2025, the fund posted a 3% return, while the PSEi declined by 7.3%.

Industry estimates placed the fund’s assets under management at about P300 million to P400 million, with returns ranging from 17.6% to 18.6% in 2024.

Separately, Filinvest Land said its office leasing portfolio generated P1.26 billion in revenue and recorded a 100% lease renewal rate in the first quarter of 2026, despite continued selective demand in the office market.

The company said all office leases that expired during the period were renewed across its real estate investment trust (REIT) and non-REIT office portfolio.

Mr. Las Marias said the office segment continues to provide steady recurring income that supports the company’s financial performance.

“Maintaining a 100% renewal rate in the current office market is a clear testament to the quality of our managed spaces and the strength of our tenant relationships,” he said.

FLI’s office portfolio includes assets leased to multinational business process outsourcing firms and government institutions. The office segment contributed to the company’s consolidated revenue of P6.31 billion and net income of P1.1 billion during the January-to-March period.

Shares in FLI fell 4.17% to P0.69 each on Thursday, while FILRT shares declined 1.02% to P2.91 apiece. — Alexandria Grace C. Magno