Megaworld Corp. led by tycoon Andrew L. Tan has proceeded to further secure its dominance of the country’s office sector, in anticipation of the inevitable rebound in demand for quality spaces alongside the recovery of the Philippine economy from the ravages of the COVID-19 pandemic.
This mix of commercial, retail, office and leisure developments has made the Iloilo Business Park one of Megaworld’s most awarded townships. It was named the “Best Developer” during the 2018 PropertyGuru Philippines Property Awards.
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The Philippines’ office space market goes into a freefall
Lockdown disruption, evolving work conditions, and an exodus by offshore gaming operators have sent the office space sector into freefall