Revenues dipped by 2 percent to P800.98 million from P823.4 million.
Filinvest REIT said the decline came primarily from lower reimbursements from tenants for common usage service area fees. This was offset slightly by higher rental income in Boracay and rental escalation due to renewal of leases.
Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details