Filinvest REIT Corp. (FILRT), the real estate investment trust (REIT) of the Filinvest Group, has reinforced its commitment to being the country’s first sustainability-themed REIT with its recent Sustainability Leadership Award-in Asia, Australia, & New Zealand (Bronze) at the prestigious International Business Awards or The Stevies, the world’s premier business awards.

"We are thrilled to receive this Stevie as it further solidifies FILRT’s position as a leader among sustainable REITs in Asia, Australia, & New Zealand. Our dedication to sustainability goes beyond accolades, as we continue to craft and manage a portfolio of resource-efficient and inclusive workplaces within our sustainable masterplanned business districts,” said Maricel Brion-Lirio, FILRT President and Chief Executive Officer.

The Sustainability Leadership Award is a new Stevies category, making FILRT one of the world’s first winners of this award.

The Stevie® Awards are deemed the world's premier business awards.  They were created in 2002 to honor and generate public recognition of the achievements and positive contributions of organizations and working professionals worldwide.

This year, winners were determined through over two months of judging by the average scores of more than 230 professionals worldwide. Winners will be celebrated during a gala event in Rome, Italy on October 13.

Filinvest One, a 10-storey, Grade A, PEZA-accredited office building in Northgate Cyberzone (a key center of productivity in Filinvest City) forms part of Filinvest REIT’s award-winning property portfolio.

To differentiate itself from the growing REIT market in the Philippines, FILRT has positioned its portfolio as the first sustainability-themed REIT, given its many green features.

For one, 16 of FILRT's 18 assets, or over 94% of its portfolio by valuation, are located in the award-winning Filinvest City, an integrated and master-planned township in the Alabang central business district (CBD). Eight (8) of these 18 buildings are 100% powered by renewable energy.

In 2020, Filinvest City became the country's first CBD to receive LEED® (Leadership in Energy and Environmental Design) v4 Gold for Neighborhood Development Plan certification for its township-wide green and sustainability features. Two of FILRT’s buildings, Axis Tower One and Vector Three, are LEED Gold-certified and are located in Northgate Cyberzone, a key center of productivity in Filinvest City.

Meanwhile, completing FILRT’s well-diversified portfolio are Filinvest Cyberzone Cebu Tower 1 in Lahug, Cebu City, as well as 2.9 hectares of land being leased to the owner and operator of Crimson Resort & Spa Boracay.

FILRT is also one of only two REITs in the Philippines that was able to produce a sustainability report for 2021 and 2022. All these affirm FILRT’s commitment to creating greener communities and raising the standards of sustainable development in its country.