Cebu Exchange- Po family-led green developer Arthaland Corporation has expressed confidence that its flagship 39-storey green office building project outside of Metro Manila, will be completed by 2021 as investor interest and sales velocity for the property have been emboldening.
Cebu Exchange, the P8-billion, Grade-A green office development, is designed to address the IT and business process outsourcing (BPO) industry’s growing demand for quality space and will rise on the property that ArthaLand acquired along Salinas Drive at the gateway of Cebu IT Park. Aimed to be the best new business address- the best and biggest single tower ecosystem in the Philippines. Cebu Exchange is the new home for the city’s best BPOs, multinational companies; small and medium local businesses and services. A perfect self-contained business eco-system with retail shops, banks, restaurants and cafeterias, services like daycare, remittance and healthcare centres.
Chris Narciso, Executive Vice President for Business Development, also said that office space take-up in Cebu “will remain very robust” as the city continues to be attractive to BPO and KPO locators.
“As long as Cebu continues to thrive economically and will have good infrastructure, this (growth in real estate) will continue to be very robust,” he said.
Cebu Exchange is set to rise along a major thoroughfare and is easily accessible to key destinations such as the Cebu Business Park, the IT Park, the Mactan-Cebu International Airport, and neighboring cities and municipalities. With construction on full blast, property values are rising fast. Cebu Exchange by Arthaland promises a cohesive tenant environment Instead of individuals, tenants will mostly consist of corporations, ensuring the perfect environment. At the same time, the long lease terms promise consistent leasing income and less effort between lease contracts.
Po said the green office building allows occupants to make saving energy and recycling waste a priority. With an environment-friendly structure, Cebu Exchange will provide “high-quality working spaces”, he added
(This post uses a portion of an article that originally appeared on Rappler.PH)