MANILA, PHILIPPINES – EXL Service Holdings Inc., a global leader in data analytics and digital solutions, is expanding its operations in the Philippines by leasing an additional 1,750 square meters of office space at Filinvest Two in Northgate Cyberzone, Alabang.
This expansion marks a 33% increase in the NASDAQ-listed company’s Philippine footprint.
The new lease strengthens EXL’s long-standing partnership with Filinvest REIT Corp. (FILRT), which began in 2014 with an initial 5,200-square-meter lease at the nearby Plaza E Building, also within Northgate Cyberzone. EXL has renewed this contract twice, reflecting its ongoing trust in FILRT’s properties.
Strategic growth aligned with sustainability goals
EXL’s decision to expand in Northgate Cyberzone is driven by the area’s vibrant business environment and strong infrastructure. The expansion also aligns with EXL’s sustainability goals, as both Filinvest Two and Plaza E buildings are powered entirely by renewable energy.
Currently, 94% of FILRT’s property portfolio runs on green energy, meeting EXL’s global environmental standards.
“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,” said Jaideep Anil Pradhan, EXL’s Senior Vice President and Geography Head for the Philippines and Colombia.
Partnership and market presence
Filinvest REIT Corp. continues to focus on providing premium, sustainable office spaces, a mission that has fostered long-term partnerships like the one with EXL.
Maricel Brion-Lirio, President and CEO of FILRT, expressed the company’s pride in EXL’s continued confidence in its properties, emphasizing the dedication to delivering high-quality, Grade A office spaces.
EXL, headquartered in New York, provides data analytics and digital operations services across various businesses, including insurance, healthcare, banking, and retail. With a strong presence in both the Philippines and Colombia, the company is a major player in the global business process outsourcing (BPO) industry.In August, EXL further strengthened its capabilities by acquiring ITI Data, a data management solutions firm. This acquisition brings advanced data management and governance expertise to EXL’s portfolio, enhancing its services for the banking, financial services, and healthcare sectors.
