Megaworld sets ₱30-B budget for five-year office space growth

Andrew Tan-led township developer Megaworld Corp. is investing ₱30 billion over the next five years to further ramp up its office portfolio by building new office buildings.

- JAMES A. LOYOLA

In a disclosure to the Philippine Stock Exchange, the firm said part of the five-year budget will also be used to “reinvent, reinvigorate, and reimagine” existing office developments in its various townships across the Philippines.

These new office developments will soon rise within Megaworld townships in Bulacan, Pampanga, Bacolod, Iloilo, Cebu, Davao, Metro Manila, and other new growth areas where Megaworld townships will be built.

All these office developments will be Leadership in Energy and Environmental Design (LEED)-registered and -certified and packed with sustainability features and several new amenities.