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Filinvest Land

Sector: Residential • Location: Philippines

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project comprises a long term local currency loan of about $40 million equivalent to Filinvest Land Incorporated (FLI, or the company) for extending mortgages to the affordable and middle income segments of the population that are unable to access bank financing. FLI is one of the largest Philippine residential real estate developers, offering a wide range of products from socialized

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Project Information

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The project “Filinvest Land” is an infrastructure initiative in the Residential sector, located in Philippines. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed project comprises a long term local currency loan of about $40 million equivalent to Filinvest Land Incorporated (FLI, or the company) for extending mortgages to the affordable and middle income segments of the population that are unable to access bank financing. FLI is one of the largest Philippine residential real estate developers, offering a wide range of products from socialized and affordable housing to middle-income and high-end housing to various types of subdivision lots. FLI’s residential real estate activities cover the acquisition of raw land, the horizontal development of such land into residential subdivisions, the sale of subdivision lots, the construction and sale of housing units, and the provision of mortgage financing to its customers. FLI has an extensive landbank of approximately 2,400 hectares across the Philippines, which it estimates would support its project development activities for the next five to ten years.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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