Archive for the ‘ Commercial Office Space ’ Category

The Philippines Gets Its First Investment Grade

Last March 27, 2013, the Republic of the Philippines received its first Investment Grade Status from the rating agency, Fitch Group. From a previous ranking of BB+, the status of the Philippines has been upgraded to BBB-. For the first time in the nation’s history, the country was given such an investment grade by a major international credit ratings agency. This means a great deal to the country and its future growth and development as the investment grade will pave to the way towards a host of benefits and improvements. The previous ranking (BB+) was two notches below investment grade and thus indicated to foreign direct investors that the Philippines is not the safest place for their investments. The upgrade to BBB- labels the country as Investment Grade and thus states that we are ready and able to house such major investments.

Philippines: A rising Star For Real Estate Investment

Based on ABS CBN news, the appeal of Philippine investment is actually growing for property investment and development. This are from the results of just recent study, Emerging Trends in Real Estate 2013, accomplished by PricewaterhouseCoopers (PwC) along with the Urban Land Institute (ULI). Around 400 industry experts who give feedback in 22 cities around the Asia-Pacific region and Manila was graded as number 12 top investment destinations.

With regards to property shareholders, Indonesian capital Jakarta was the highest followed by Shanghai and Singapore. Manila is goes up for six positions coming from eighteenth place. In the previous years the location has completely outclassed merely decrease ranks from the study because this year, Philippine capital had beaten Tokyo, as well as Seoul as a leading in investment destination.

5 Steps On How To Buy Commercial Real Estate

If you want to buy commercial properties, you need to have a good amount of expertise. You should know that having the right capital to buy a certain property is not enough to make you a good investment. You should be familiar with market conditions.

Buying a commercial real estate can be a good investment for your business, especially if you want to reduce costs by using it to your own operations rather than pay a lease to another party. However, before you buy commercial real estate, there are a number of factors to consider, ranging from the financial health of your own company to the viability of commercial real estate, you have in mind. It is important to understand that these types of investments are made ​​after careful consideration and analysis of the potential return on investment.

Leasing Office Spaces for Business Purposes

Millions of people worldwide are regarded with business of different eccentrics. But not all of them have his or her office spaces. In most cases, office spaces are rented by business owners on a contract basis. The most common ground why several of the business owners go for office space for rent Makati is that it is not possible for all the business owners to buy properties or lands to tidy up their offices. Hence, there is absolutely no other way than to rent office spaces for business aims. In such cases, office renting can be a well suited solution.

Office Space Rentals

Southeast Asia is one of the world’s fast growing economies. Rapid climb and development are paving the way for many countries out of the region to imitate the achievement of the Asian “tiger economies” like Singapore, Taiwan, South Korea, and Japan. One such country is the Philippines; and according to a recent written real estate market report Philippines, it is well on its way to becoming one of the large economies of the world. All this potency for growth in the country is the reason for steady growing office for rent in Makati.

Why a broker can get you a better deal for lease renewal

by: Yves De-Luis

1) Reduce costs

Real estate brokers know best when it comes to real estate market scenarios. What most tenants do not realize is that the possibility of a better deal somewhere always exists. Chances are, only qualified real estate brokers know exactly where to find them. Due to the increase in available office spaces, the current office leasing market favors the tenants more.  Compared to their current terms, tenants can reduce their real estate costs up to 50% easily if they only knew how to leverage on the market.  Hiring a qualified real estate brokerage company can help you understand the dynamics of the market and gain insights in order for you to get a better deal if not the best one.

Accreditation for Green Buildings: LEED

By Yves De-Luis

There is increasing awareness and support to saving the planet. This makes LEED certification increasingly meaningful. LEED stands for “Leadership in Energy and Environmental Design”

LEED is an internationally recognized green building certification system,  providing third-party verification that a building or community was designed and built, using strategies aimed at improving performance; across energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts.
To be able to be LEED certified, the building must adhere to a set of specific energy principles and features.  These include:

by: Kathleen Yu

Virtual offices are now gaining in popularity as ideal office space options for start up companies doing business in cities like Makati, Manila and Fort Bonifacio. But what are they, exactly? And what differentiates them from ordinary commercial office space? This article will give you an overview of virtual offices, their advantages and disadvantages, as well as the monthly rental rates for virtual offices in major Metro-Manila locations. Virtual offices, or “executive suites” are advantageous in that they combine off-site communication and address services with the more traditional elements of regular office space.

According to Michael McCullough of Philippines real estate brokerage firm KMC MAG Group, “Virtual offices provide companies with the benefits of a regular office location, minus the employee and rental costs. Many companies setting up business in Metro-Manila are now availing of this option, which enables a business to set up operations outside an office setting, and cut down on other expenses in the process.”

by: Jason dela Torre

Foreign and local companies setting up business operations in Makati City have a large number of full-serviced offices to choose from. Makati, widely regarded as the financial capital of the Philippines, is a thriving Central Business District (CBD) and one of the larger, and more industrialized cities in the Metro-Manila area. Serviced offices are a widely demanded convenience for many start-up companies doing business in the Philippines. These fully-furnished offices are equipped with everything than an offices needs to run smoothly, and they are equipped by a separate facility management company.The management company is responsible for purchasing individual desks, offices, and operating equipment, then renting these items out to client companies. Often referred to as executive suites, managed offices, business centers, or executive centers, these serviced offices are fully-equipped to include plug and play options, prominent business addresses as well as flexible short-term contracts.

by Yves De-Luis

In 2009, Bridgebury Realty Corp, an affiliate of the Zuellig Group, announced that it will be investing 7 billion Peso for the construction of the Zuellig Building.

The Zuellig Building, to be completed by Q1 2012, is located in the Makati Central Business District, at Makati Avenue corner Paseo de Roxas, on a lot area of 8,285 square meters. The 33 storey structure is a premium, commercial, single-owner office building, with 55,000 square meters up for lease to multi-tenants as well as lease of PEZA office space.