Filinvest Land acquiring condotel operator FORA Services

LISTED property developer Filinvest Land, Inc. (FLI) is acquiring 100% of condotel operator FORA Services, Inc. (FOSI) as part of bolstering its portfolio and long-term growth plans. FLI’s executive committee approved the acquisition of FOSI from its subsidiary Filinvest Hotel Corp. (FHC) for P400,000, the Gotianun-led property developer said in a regulatory filing on Monday. […]

Filinvest Land acquiring condotel operator FORA Services
LISTED property developer Filinvest Land, Inc. (FLI) is acquiring 100% of condotel operator FORA Services, Inc. (FOSI) as part of bolstering its portfolio and long-term growth plans. FLI’s executive committee approved the acquisition of FOSI from its subsidiary Filinvest Hotel Corp. (FHC) for P400,000, the Gotianun-led property developer said in a regulatory filing on Monday. […]