Eton Properties Philippines is gaining pace in the office leasing segment as the company, along with the rest of the country, eases out of the COVID-19 pandemic.
A triple-A construction firm has signed a three-year contract for lease of a whole floor spanning more than 1,000 square meters of its Blakes Tower development located near the Makati CBD, said the Lucio Tan-owned property company.
“Office leasing remains a priority segment of Eton’s business, as we see a sustained demand following the country’s easing of restrictions. We aim to provide flexible office spaces that would increase productivity of our tenants’ workforce,” said Eton Properties executive director, Kyle Tan.
Blakes Tower is a mixed-use building in the mixed-use complex of Eton WestEnd Square, which provides and caters to a variety of experiences and needs through its retail component. Blakes Tower adopts a vertical township concept with specially curated components like offices and residences in a single development, offering businesses a solution through work-life integration.
With 36-storeys, Blakes Tower has 11,000 sqm of available gross leasable office area, which can be retrofitted into hybrid cuts at varying office size requirements ranging from 1,000 sqm. and above for more functionality. It has allocated 11 floors for office spaces, and 15 floors for residential units.
Blakes Tower was a Highly Commended awardee for Best Mega Mixed-Use Development in the 2021 Asia Property Awards (Philippines). According to Tan, the development proves to be the best solution and return strategy for businesses, looking to recover from the pandemic.
“By offering flexible office units and residences for employees within the same building located in a prime location, Blakes Tower assures work-life integration for individuals and uninterrupted business operations for companies,” said Tan.
Eton Properties is the real estate brand of the Lucio Tan Group, one of the biggest business conglomerates in the Philippines. Its foreign counterpart, Eton Properties Ltd, is an established real estate brand in Hong Kong and mainland China. With an extensive land bank in strategic locations all over the country, Eton Properties specializes in office projects, commercial centers, and mixed-use township developments, as well as, high-end and mid-income high-rise and horizontal residential developments.