Filinvest Land Inc. (FLI) reported steady results for 2025 as its diversified property portfolio helped cushion the impact of elevated interest rates and more cautious homebuyers.

In a Monday disclosure to the local bourse, the property developer said consolidated revenues and other income rose six percent to P25.9 billion, while net income increased four percent to P4.81 billion.

The company said demand remained resilient in its core residential market, particularly in affordable and mid-income segments, supported by ready-for-occupancy projects in regional growth areas.

Real estate revenues reached P16.27 billion, driven largely by P15.92 billion in residential sales and P357 million from industrial lot transactions.

FLI said it focused on accelerating unit turnover and aligning financing structures with buyer preferences as borrowing costs remained elevated.

The company’s leasing and recurring income streams also improved. Revenues from rental and related services rose five percent to P8.25 billion, supported by stronger retail activity and stable office demand.

Retail operations were among the brighter spots during the year. Leasing revenues climbed 10 percent to P2.78 billion as mall occupancy improved to 80 percent, from 72 percent previously, helped by new tenants and increased consumer traffic. FLI said brands such as MUJI, KKV and several new dining concepts contributed to stronger activity across its retail footprint.

Office leasing generated P4.84 billion with about 421,611 square meters of occupied gross leasable area across the company’s portfolio. Demand was supported by multinational BPO firms, expanding enterprises and government agencies, particularly in locations such as Northgate Cyberzone and Filinvest Cebu Cyberzone.

Meanwhile, the company’s industrial segment generated P412 million in revenues, benefiting from rising demand for logistics and manufacturing space in innovation parks in Calamba, Laguna and New Clark City, Tarlac.

FLI said it will continue expanding its industrial platform and strengthening recurring income streams as part of its strategy to manage market cycles.

“As we look ahead, our priority remains sustained, disciplined growth anchored on operational excellence and long-term estate development,” FLI President and CEO Tristan Las Marias said. “We will continue investing in projects that address real demand and contribute meaningfully to national and regional progress.”