Megaworld Soars: Pioneering the Sky as Office Developer and Landlord
Megaworld Tops Office Development
Pioneering the sky as Office Developer and Landlord
Megaworld, a real estate leader, a pioneer as office developer and landlord will increase office space by 712,000 sqm this year, solidifying its top developer and landlord status.
Currently, Megaworld has 26 corporate office towers across locations. Ten are in Eastwood City, 14 in McKinley Hill, 1 in Newport City, and 1 in The Mactan Newtown in Cebu. Four new towers will rise – two in Uptown Bonifacio, one in The Mactan Newtown, and one in Iloilo Business Park.
Expect approximately 112,000 sqm of office space for IT-BPO and corporate use this year. Uptown Tower 1 and Uptown Tower 2 will contribute, each with 30,000 sqm within Uptown Bonifacio, a 15.4-hectare Megaworld township in Fort Bonifacio.
Megaworld BPO Offices
Around 30,000 sqm of BPO office spaces will be in the 8 Newtown Office Tower, along with 7,000 sqm in the Two World Center, in The Mactan Newtown, by the second half of the year.
Additionally, 10,000 sqm of office spaces are set for completion in IBP BPO Building A and 5,000 sqm in the Richmonde Office Tower in Iloilo Business Park this year.
Being pioneer as office developer and landlord, Kevin L. Tan, Chief Strategy Officer, says, “We expand our office space inventory to increase revenue.”
Megaworld’s townships host about 110,000 professionals, with a significant portion in Eastwood City and McKinley Hill. Completion of four new office towers is expected to generate around 60,000 jobs in five years.
Tan adds, “Cutting-edge office towers will drive BPO growth.”
Currently, 126 firms lease from the developer’s office spaces, with 87% being IT-BPO companies.
Prominent IT-BPO entities like Accenture, HP, Wells Fargo, IBM, United Health Group, Thomson Reuters, Dell, WNS, and Samsung operate in Megaworld’s townships.
Uptown Bonifacio recently earned “special economic zone” accreditation from PEZA. By 2016, Uptown Bonifacio will offer 150,000 sqm of leasable office spaces.
Tan emphasizes eco-friendly office towers in Uptown Bonifacio, positioning it as BGC’s premier business district.
A Colliers International Research study validates the company’s position. The company holds a 23% market share in traditional and IT-BPO office spaces.
Megaworld’s 27% market share leads in the IT-BPO office space sector. Based on 2013 data, Megaworld is the primary BPO space provider with 539,384 sqm, surpassing its closest rival’s 306,094 sqm.
Pioneering Excellence: Megaworld’s Legacy as a Visionary Office Developer and Landlord
In the dynamic landscape of real estate development, few names shine as brightly as Megaworld Corporation. With an unwavering commitment to innovation, quality, and creating transformative spaces, Megaworld has etched its name as a pioneer in the realm of office development and landlordship. For over three decades, Megaworld has redefined the way businesses operate, fostering a culture of success and growth within its iconic office spaces.
Visionary Beginnings as an Office Developer
Megaworld’s journey as a trailblazer in office development began in the late 1980s when the company foresaw the need for world-class office spaces to cater to the demands of a rapidly evolving business landscape. This foresight led to the creation of some of the Philippines’ most iconic and cutting-edge office towers, setting the stage for Megaworld to become a driving force in the industry.
Transformative Office Spaces: A Testament to Landlordship
Megaworld’s approach to office development goes beyond bricks and mortar; it’s about creating environments that inspire, empower, and elevate. Each office tower is meticulously designed to blend aesthetics with functionality, offering a seamless blend of form and purpose. As a landlord, Megaworld takes pride in providing businesses with spaces that not only facilitate work but also nurture growth and success.
Innovative Amenities: A Landlord’s Commitment to Excellence
One of Megaworld’s distinguishing factors as a pioneer lies in its ability to offer innovative amenities within its office developments. Megaworld’s commitment to enhancing work-life balance is evident through the integration of recreational spaces, wellness facilities, and retail areas within its office complexes. This holistic approach fosters a conducive environment that supports not just work, but the overall well-being of employees.
Strategic Locations: The Mark of a Visionary Office Developer and Landlord
Another facet that sets Megaworld apart is its strategic selection of locations for its office developments. Recognizing the importance of accessibility and connectivity, Megaworld’s office towers are situated in prime business districts and commercial hubs. This ensures that businesses housed within these towers are well-positioned to thrive within a vibrant ecosystem of opportunities.
Sustainable Practices: A Commitment as an Office Developer and Landlord
Megaworld’s role as a pioneer office developer and landlord extends beyond development; it encompasses responsible and sustainable practices. The company integrates eco-friendly features and energy-efficient technologies within its office developments, contributing to a greener environment and reducing the carbon footprint of businesses operating within its spaces.
Fostering Business Growth: The Landlord’s Vision
Megaworld isn’t merely a developer; it’s a catalyst for business growth. Its office developments have become epicenters of innovation, collaboration, and success. By providing businesses with dynamic and inspiring spaces, Megaworld empowers entrepreneurs, startups, and established corporations alike to reach new heights of achievement.
A Legacy of Leadership in Office Development and Landlordship
Megaworld’s legacy as a pioneer in office development and landlordship is a testament to its unwavering dedication to excellence. With a portfolio that spans iconic towers across the Philippines, the company has redefined the concept of workspaces, transforming them into centers of excellence, productivity, and creativity.
Conclusion: Shaping the Future of Work as an Office Developer and Landlord
Megaworld’s pioneering spirit has reshaped the landscape of office development and landlordship, and its legacy continues to shape the future of work. By consistently setting new standards of excellence, embracing innovation, and fostering a culture of success, Megaworld remains at the forefront of the industry, inspiring businesses and individuals to thrive in dynamic and transformative work environments.
Pioneer as Office Developer and Landlord.
