Cebu IT Park leads growth in the Visayas

Its combination of accessibility, infrastructure, and lifestyle amenities positions it as strategic submarket not just in Metro Cebu but also in the Visayas.

Cebu IT Park is solidifying its position as the leading business hub outside Metro Manila, according to global diversified professional services and investment management company Colliers. In a recent article published by the company, it highlights that Cebu IT Park has been attracting global brands and IT-BPM firms seeking scalability, convenience, resilience, and a strategic address that will help them take advantage of Metro Cebu’s promising market.

“With office vacancy rates dropping to 14% in Q3 2025 from 28% in 2022, and over 96,000 sqm of office transactions recorded in the first nine months of 2025, the district is experiencing unprecedented growth driven by expansions from major players such as Concentrix, Optum, EY, and Wipro,” according to Ohara Rosales, Colliers Manager of Office Services – Tenant Representation – Cebu.

Strategically located just 45 minutes from Mactan–Cebu International Airport, Cebu IT Park offers robust infrastructure, reliable utilities, and natural disaster resilience, making it one of the most dependable business locations in the country. Its elevated terrain minimizes flood risk, while its master-planned design integrates business and lifestyle amenities, creating a dynamic live–work–play environment that appeals to young professionals and multinational firms.

Originally the Lahug Airfield, the site was transformed into a premier business district after being declared an Information Technology Special Economic Zone in 2001. Today, Cebu IT Park boasts Grade A office developments such as Ayala Land’s Central Bloc, Arthaland’s Cebu Exchange – the largest multi-certified green office tower in the Philippines – and Filinvest Cyberzone Cebu Towers 3 and 4, which were fully leased upon completion in early 2025. “These developments set benchmarks for sustainability and functionality, catering to the growing demand for high-quality office spaces outside Metro Manila,” said Rosales.

The flexible workspace sector is also thriving, with Cebu IT Park accounting for 75% of Metro Cebu’s total flex inventory. As of Q3 2025, the park offers 10,500 seats across operators like KMC Solutions, Regus, and new entrants such as The Company Cebu and Enspace. This trend reflects occupiers’ increasing preference for agile, cost-efficient alternatives to traditional office setups.

Colliers forecasts tighter availability in the next three years, as no new supply is expected. “We urge developers to activate idle projects and prioritize green, BPO-grade office spaces to capture future demand. Disaster-resilient design and sustainability will be critical in attracting long-term tenants, as Cebu IT Park continues to demonstrate operational continuity despite recent natural calamities,” said Rosales.

“Cebu IT Park has proven its resilience and adaptability, making it the ideal location for companies looking to expand outside Metro Manila. Its combination of accessibility, infrastructure, and lifestyle amenities positions it as the epicenter of growth in the Visayas,” concludes Rosales.

If you are looking for an office in Cebu IT Park, send us a message or visit Colliers’ Cebu office located at Unit 703A FLB Corporate Center, Archbishop Reyes Avenue, Cebu Business Park, Cebu City.

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