Filinvest REIT Corp., the real estate investment trust of the Filinvest Group, has signed a deal expanding the area leased by NASDAQ-listed EXLService Holdings, Inc.
EXL will add 1,750 square meters of office space in Filinvest Two, located within Northgate Cyberzone in Alabang. The agreement is another milestone in the partnership that began in 2014 when EXL first leased 5,200 square meters in the Plaz@ E Building.
Maricel Brion-Lirio, President and CEO of Filinvest REIT, said the company supports EXL’s growth and expansion within Northgate Cyberzone. “The sustained trust and confidence of EXL in our properties over the years reflect our dedication to delivering premium office spaces and fostering long-term partnerships,” she said.
EXL is a leading data analytics and digital operations firm based in New York that has seen significant growth in recent years.
The lease expansion is part of a broader trend within EXL, which serves various industries, including insurance, healthcare, and banking. Both Filinvest Two and Plaz@ E are powered entirely by renewable energy, aligning with EXL’s global environmental standards. Currently, 94 percent of the Filinvest REIT portfolio operates on renewable energy.