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The excess supply of office space in Metro Manila caused by the global financial crisis will be absorbed mostly in the first half this year as the business process outsourcing sector (BPO) continues to grow, according to global property consultancy firm Jones Lang LaSalle Leechiu (JLLL).
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Eton Properties Philippines Inc., the real estate arm of the Lucio Tan Group of Companies, is acquiring a 12-hectare property in Quezon City where it is currently developing a fully-integrated mixed-use township, through a P4-billion share swap deal with another Tan-controlled company.
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ETON CYBERPOD CENTRIS

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The excess supply of office space in Metro Manila caused by the global financial crisis will be absorbed mostly in the first half this year as the business process outsourcing sector (BPO) continues to grow, according to global property consultancy firm Jones Lang LaSalle Leechiu (JLLL).
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Eton Properties Philippines Inc., the real estate arm of the Lucio Tan Group of Companies, is acquiring a 12-hectare property in Quezon City where it is currently developing a fully-integrated mixed-use township, through a P4-billion share swap deal with another Tan-controlled company.
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abtest

Eton to spend P10B over 2 yrs to expand resd’l, office portfolio

By Neil Jerome C. Morales | May 31, 2014 - 12:00am

The real estate unit of tycoon Lucio Tan is spending P10 billion in the next two years to beef up its residential and recurring income portfolio amid growing demand for business process outsourcing (BPO) office...

Business

More BPO locators to absorb MM office glut

January 29, 2010 - 12:00am

The excess supply of office space in Metro Manila created by the global financial crisis as early as 2008 will be absorbed mostly in the first half of 2010 as the business process outsourcing sector continues to...

Real Estate

BPOs to absorb excess office space in Metro

January 23, 2010 - 12:00am

The excess supply of office space in Metro Manila caused by the global financial crisis will be absorbed mostly in the first half this year as the business process outsourcing sector (BPO) continues to grow, according...

Business

Eton to convert Quezon City lot into mixed-use township

By Zinnia B. Dela Peña | October 8, 2009 - 12:00am

Eton Properties Philippines Inc., the real estate arm of the Lucio Tan Group of Companies, is acquiring a 12-hectare property in Quezon City where it is currently developing a fully-integrated mixed-use township,...

Business

BPO workplaces offer access to labor pool

July 10, 2009 - 12:00am

Beyond the high pay offered by most business process outsourcing (BPO) centers, easy accessibility to the work place is emerging as the next best way to attract industry workers who begin their work day at around...

Real Estate