Filinvest REIT Corp. Signs a Lease Agreement with Gear Inc. for First Office in the Philippines

Filinvest REIT Corp. (FILRT) has inked a lease deal with Gear Inc., a global player in Business Process Outsourcing founded in 2007. Gear Inc., based in Singapore, drives business growth with over 6,000 professionals from East, South, and Southeast Asia, North and South America, and EMEA.

This partnership marks a significant milestone for FILRT and Gear Inc. as this is the latter’s first permanent office in the Philippines. Gear Inc. will lease 1,993.10 sqm of premium office space in FILRT’s Filinvest One Building — a Grade A, PEZA-accredited, EDGE Advanced-certified office building located in Northgate Cyberzone in Filinvest City, Alabang, Muntinlupa, with an expansion option within the same building.

"We are thrilled to welcome Gear Inc. to our Northgate Cyberzone Community," said FILRT President and CEO Maricel Brion-Lirio. "This lease agreement reflects our dedication to providing world-class office spaces that attract companies in the technology sector. We are grateful to Gear Inc. for its confidence that FILRT facilities will effectively support Gear Inc.'s business needs.”

The infrastructure is tailored to support companies such as Gear Inc.'s expanding operations and strategic growth initiatives, fostering a dynamic, collaborative, and sustainable environment for its employees.

"Northgate Cyberzone buildings are exceptional in infrastructure, business continuity, and sustainability," said Gear Inc. COO Mr. Tan Seow Tien Desmond. "Having visited offices across Asia, the FILRT office buildings stand out for its world-class quality, comparable to the Singapore standard."

Gear Inc. provides top-tier service to the world’s leading brands by investing in technology, people, and operations. As a true growth engine, the company is committed to driving business forward.

FILRT aims to cultivate spaces that inspire innovation and sustainable growth. The organization remains dedicated to nurturing partnerships that foster mutual success and contribute to the Philippine economy.

Filinvest REIT Corp. (FILRT) is the country’s first sustainability-themed real estate investment trust (REIT) backed by Filinvest Land Inc. (FLI), one of the largest property developers in the Philippines with an established portfolio of residential, commercial, industrial, and office developments across the archipelago.

Its commercial portfolio consists of 17 Grade A office buildings that provide world-class, eco-friendly workspaces for local and global businesses. Recognized by Jones Lang Lasalle (JLL) for its green and sustainability-themed features, FILRT’s office buildings portfolio is designed to meet the evolving needs of today's businesses while reducing environmental impact. Totaling over 300,000 square meters of gross leasable area (GLA), 16 of the buildings are in Northgate Cyberzone – an IT BPO campus-style hub accredited by the Philippine Economic Zone Authority (PEZA) in Filinvest City, Alabang. Filinvest City is a 244-hectare mixed-use and integrated city that is the first and only central business district (CBD) in the Philippines to receive LEED® v4 Gold for Neighborhood Development Plan certification as well as a three-star BERDE certification. Two of the FILRT properties in Filinvest City, namely Axis Tower One and Vector Three, are among the country’s few LEED Gold certified developments. Another building is Filinvest Cyberzone Cebu Tower 1 located in the gateway of Cebu IT Park in Lahug, Cebu City. Rounding up the portfolio is 2.9 hectares of land that is being leased to the owner and operator of multi-awarded Crimson Resort & Spa Boracay.