FILRT targets to boost occupancy rate to 95%

(FILRT), the listed real estate investment trust of the Filinvest Group, targets to beef up significantly the occupancy rate of its office leasing assets next year.

- Richmond Mercurio

FILRT president and CEO Maricel Brion-Lirio said the company aims to reach an occupancy of 95 percent before 2026 driven by tenant diversification.

"We remain focused on improving occupancy. FILRT aims for 95 percent occupancy rate before 2026. To achieve this, we are broadening our focus to a wider tenant base coming from a predominantly BPO (business process outsourcing) mix," Brion-Lirio said.

"We have repositioned and expanded our leasing organization, including channel marketing efforts to enable the shift in tenant mix," she said.

Brion-Lirio said the company has also repurposed and redesigned its spaces to accommodate different client types, including the introduction of co-working spaces.