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Filinvest Development Corporation (), is the publicly listed holding company for the various firms in the Filinvest group. It was established in 1955 in the Philippines by Andrew L. Gotianun Sr. and his wife, Mercedes Gotianun, as a used-car financing company. It has holdings in real estate development and leasing, the sales of housing units, and hotel and resort management, banking and financial services, sugar and power. It is based in Metro Manila, Philippines and is owned by the Gotianun family. Filinvest Development Corporation is involved in the hotel and tourism industry, and owns the hotel brands Crimson and Quest, the latter of which is a new value-brand hotel. In September 2014 it was reported that it planned on opening 5,000 hotel rooms within five years. At that time, company officials stated that it had over 1,000 hotel rooms. During this time it was also reported that the company was building seven hotels, two of which will be under the new Quest value brand. In 1996, the company owned approximately 4,000 acres "of prime real estate around Manila", along with land in Cebu and Fort Bonifacio.


Subsidiaries


Banking and finance

* EastWest Banking Corporation – is a
universal bank A universal bank participates in many kinds of banking activities and is both a commercial bank and an investment bank as well as providing other financial services such as insurance.PBCom Tower Makati (Call Center Division), Hanston Building (Customer Care), and Pasong Tamo Extension (formerly the country head office of Levi's Philippines). * EastWest Rural Bank, Inc. – or EWRB is a premier rural bank and a wholly owned subsidiary of EastWest Banking Corporation and Filinvest Development Corporation. Established in 2013 when EastWest Banking Corporation acquired FinMan Bank, Inc., a 16-year-old Pasig-based rural bank and Green Bank, Inc. (also known as Green Bank of Caraga), a 46-branch rural bank based in Butuan City. Before its acquisition, it was the largest rural bank in Caraga Region in terms of assets. Its headquarters is located in Pasig. *EastWest Ageas Life Insurance Corporation *EastWest Insurance Brokerage, Inc. *EastWest Leasing and Finance Corporation


Utilities

*FDC Utilities, Inc. (FDCUI) – a wholly owned subsidiary of the Filinvest Development Corporation.


Hospitality

Filinvest hotels are managed through subsidiaries Filinvest Hospitality Corporation (formerly FDC Hotels Corporation) and Chroma Hospitality, Inc. (formerly FilArchipelago Hospitality, Inc.), a joint venture with
Archipelago International Archipelago International, formerly known as Aston International, is a full-service hotel management chain in Southeast Asia, and notably, the largest in Indonesia. Archipelago International entered the Southeast Asian market in 1997 and has an un ...
of
Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...
, respectively. The earlier, a wholly-owned subsidiary was formed to serve as the primary developer and owners’ representative of Group-owned properties. On the other hand, through Chroma, FDC caters to various segments of the hospitality sector through the 5-star Crimson brand, 3-star Quest brand and Crimson Resort and Spa in
Boracay Boracay (; often locally shortened to Bora) is a resort island in the Western Visayas region of the Philippines, located off the northwest coast of Panay. It has a total land area of , under the jurisdiction of three barangays in Malay, Ak ...
.


Real estate

*Filinvest Alabang, Inc. (FAI) – was incorporated on August 25, 1993, in connection with the development of
Filinvest City Filinvest City, formerly Filinvest Corporate City, is a central business district situated within the City of Muntinlupa in Metro Manila, Philippines. History The development of Filinvest City began in 1995, by Filinvest at the site of the ...
in
Alabang Alabang is a barangay in Muntinlupa, Philippines. At one time the area was a farming district, and has since grown from a village to a major commercial center, which includes the Filinvest City and Madrigal Business Park, and a transportation hub ...
, a joint venture with the government's Public Estates Authority.
Filinvest City Filinvest City, formerly Filinvest Corporate City, is a central business district situated within the City of Muntinlupa in Metro Manila, Philippines. History The development of Filinvest City began in 1995, by Filinvest at the site of the ...
, a 244-hectare mixed-use development project located at the southern end of Metro Manila and adjacent to the
South Luzon Expressway The South Luzon Expressway (SLEX), signed as E2 of the Philippine expressway network and R-3 of the Metro Manila arterial road network, is a limited-access toll expressway that connects Metro Manila to the provinces in the Calabarzon region ...
in
Alabang Alabang is a barangay in Muntinlupa, Philippines. At one time the area was a farming district, and has since grown from a village to a major commercial center, which includes the Filinvest City and Madrigal Business Park, and a transportation hub ...
. *Filinvest Land, Inc. – is a real estate firm subsidiary of Filinvest Development Corporation also owned by the Gotianun family. The company is into mall operation, subdivision, and mid rise and high rise condominium development. It has landbanks in
Luzon Luzon (; ) is the largest and most populous island in the Philippines. Located in the northern portion of the Philippines archipelago, it is the economic and political center of the nation, being home to the country's capital city, Manila, as ...
,
Visayas The Visayas ( ), or the Visayan Islands (Visayan: ''Kabisay-an'', ; tl, Kabisayaan ), are one of the three principal geographical divisions of the Philippines, along with Luzon and Mindanao. Located in the central part of the archipelago, ...
, and
Mindanao Mindanao ( ) ( Jawi: مينداناو) is the second-largest island in the Philippines, after Luzon, and seventh-most populous island in the world. Located in the southern region of the archipelago, the island is part of an island group of ...
, aimed at future developments projects of its parent firm. Developed Timberland Heights in
San Mateo, Rizal San Mateo, officially the Municipality of San Mateo ( tgl, Bayan ng San Mateo), is a 1st class municipality in the province of Rizal, Philippines. According to the 2020 census, it has a population of 273,306. It is bordered by Quezon City to t ...
, Philippines, a 677-hectare suburban housing community. Part of the community's design included incorporating elements of sustainable development, such as preserving the area's natural landscape, the planting of 10,000 trees, and stipulating a requirement that buyers are to plant "at least one tree for every 250 square meters of their lots". These various programs are overseen by the "Department of Environment and Natural Resources and the forester employed by the township". The community also has a nursery where various species of trees are grown. ** Filinvest Lifemalls **The Palms Country Club *Cyberzone Properties, Inc.


Transportation

* LIPAD Corporation (operator of
Clark International Airport Clark International Airport ( pam, Pangyatung Sulapawan ning Clark; fil, Paliparang Pandaigdig ng Clark; ), known as Diosdado Macapagal International Airport from 2003 to 2012, is an international airport covering portions of the cities of ...
) – a consortium with
JG Summit Holdings JG Summit Holdings, Inc (JGSHI) is one of the largest conglomerates in the Philippines with business interests in air transportation, banking, food manufacturing, hotels, petrochemicals, power generation, publishing, real estate and propert ...
, Philippine Airport Ground Support Solutions Inc., and Changi Airports Philippines Pte. Ltd.


Others

*ALG Holdings, Inc. *Filinvest Asia Corporation *Davao Sugar Central Corporation *Pacific Sugar Holdings


See also

* List of companies of the Philippines * Festival Supermall


References


Further reading

* * * * * *


External links

* {{PSEi Real estate companies of the Philippines Companies listed on the Philippine Stock Exchange Conglomerate companies of the Philippines Holding companies of the Philippines Companies based in Bonifacio Global City