Filinvest Land Inc. is shelling out an additional P5 billion in the next three years to widen its presence in Mindanao.
In a disclosure to the Philippine Stock Exchange, the Gotianun-led FLI said it was set to expand its Futura Homes, an economic housing project, as well as the Spatial affordable condominium portfolio in South Cotabao and Davao City.
FLI said the amount was on top of the P4.7 billion worth of ongoing land development, including the One Oasis project in Cagayan de Oro. All these will bring FLI?s total projects in Mindanao to 17.
