EXL Service expands Philippine operations with new FILRT lease
MANILA, PHILIPPINES — EXLService Holdings Inc., a NASDAQ-listed data analytics and digital solutions company, is expanding its Philippine footprint by leasing an additional 1,750 square meters (sq.m.) of office space at Filinvest Two, Northgate Cyberzone in Alabang.
This 33% increase builds on EXL’s long-standing relationship with Filinvest REIT Corp. (FILRT), which began with an initial 5,200-square-meter lease in the nearby Plaza E Building in 2014. The strategic move underscores EXL’s commitment to growth in the region and its confidence in the Philippine market.
Continued investment in local operations
EXL’s decision to expand within Northgate Cyberzone reflects the area’s thriving business ecosystem and robust infrastructure.
The company, which offers services across various industries, including insurance, healthcare, banking, and retail, sees the Philippines as a key location for its global operations.
Commitment to quality and sustainability
FILRT’s sustainability drive aligns well with EXL’s global environmental standards. Both Filinvest Two and Plaza E buildings are powered entirely by renewable energy, with 94% of FILRT’s portfolio utilizing green energy sources.
Jaideep Anil Pradhan, EXL’s Senior Vice President and Geography Head for the Philippines and Colombia, highlighted: “As we mark our 25th anniversary, we are thrilled to see our business grow while staying aligned with our sustainability goals, ensuring that our success benefits both our company and the environment.”
Filinvest REIT Corp., the real estate investment arm of the Gotianun Group, emphasizes sustainable, Grade A office spaces.
Maricel Brion-Lirio, President and CEO of FILRT, expressed the company’s enthusiasm for EXL’s expansion, noting that “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.”
Strategic expansion
EXL, headquartered in New York, offers data analytics and digital operations solutions across various industries, including insurance, healthcare, banking, and retail. The company operates in multiple countries, with significant presence in the Philippines and Colombia.
This expansion in Alabang underscores the Philippines’ importance in EXL’s global operations. The Northgate Cyberzone, with its modern infrastructure and proximity to a skilled talent pool, provides an ideal environment for EXL’s continued growth in data and artificial intelligence services.
