FILINVEST REIT Corp. (Filrt), the Gotianun-led real estate investment trust, on Tuesday reported a net income of P1.05 billion in 2023, down 19 percent from the P1.3 billion a year earlier.

Net income, minus the net fair value changes in investment properties, would have been P1.28 billion, as rental and other revenues amounted to P3.0 billion.

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