[ bworldonline.com ]
CLARK, PAMPANGA — Filinvest Land, Inc. (FLI) is set to finish
its second office tower within the group’s 201-hectare tourism and
leisure estate in Pampanga this year, as it seeks to cater to the
business process outsourcing (BPO) firms flocking to the province.
The office tower called 2 Workplus offers a total gross leasable area
(GLA) of 13,035.5 square meters (sq.m.) across five office floors,
while there will be another floor dedicated to retail. The building also
offers 171 parking slots for its employees.
2 Workplus is the second of six mid-rise buildings inside the
estate’s office complex called Workplus. The first building was
completed in 2017, and has a GLA of 8,409.55 sq.m. The building is now
fully leased out to a combination of BPOs and Chinese gaming firms.
“The Chinese online gaming has been making a huge impact in the
industry, especially in real estate. We have an office space in Pasay
that they recently closed four buildings with… right now they’re really
moving to Clark,” Filinvest Cyberzone Mimosa, Inc. Cesarine Janette B.
Cordero said in a media briefing here on Thursday.
The company said one floor of 2 Workplus has already been taken up by flexible workspace operator Regus.
“That’s a strategy actually of Filinvest, that we partnered up with
Regus because we wanted to tap in the international market here in
Clark. All the BPO spaces are filled with American, Australian
companies. Now Chinese and Koreans are also making an impact. We feel
like it’s a good strategy that if you want to have a feel of Mimosa,
then you can start with Regus,” Ms. Cordero explained.
FLI expects to add four more office towers to the estate until 2021.
The Workplus office complex is part of the Filinvest group’s Mimosa+
Leisure City in Clark Freeport Zone, Pampanga. The mixed-use development
is being leased out to the group for a period of 50 years.
Aside from office spaces, Mimosa+ Leisure City will also house
leisure components, including a golf course, Quest Hotel and Conference
Center, a lifestyle mall, retail strip, and events grounds. The company
will also develop residential properties to accommodate the employees
working in the office spaces, as well as retirees.
FLI saw its net income attributable to the parent jump by eight
percent to P1.21 billion in the second quarter of 2018, following
revenues of P4.16 billion. This brought the company’s attributable
profit for the first half to P2.6 billion, seven percent higher
year-on-year as revenues also rose nine percent to P10.06 billion.
Shares in FLI went up by a centavo or 0.66% to close at P1.53 each at the stock exchange on Thursday. — Arra B. Francia
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