SMPHI, an affiliate of the SM Investments Corp. (SMIC), is plunking down P4 B for the Tri-tower Four E-com Center at the Mall of Asia Complex. Executives of SMPHI recently broke ground for the fifth building under the E-com brand, which will be completed in 2020.
“The demand for office space remains aggressive thanks to the continued economic growth of the country,” said David L. Rafael, senior vice president of SMPHI - CPG. “Strong interest remains due to investors realizing the potential of the Philippines for their business. Our job is to provide them with a good office space for their operations,” he said.
Just like One, Two, Three, and Five E-Com, the FourE-ComCenter is designed to address the demand for office buildings in the country. It will have a gross floor area of 123,968.00 sqm, and is projected to generate PHP 700 Million in gross rental revenues annually.
A 16-storey building, Four E-Com has a full basement, 4 podium parking, and 11 office levels. Retail spaces are offered at the 5th floor podium and ground levels. The building’s design concept will portray crystal formations, with three adjacent towers springing from a common podium. The building will have the distinct rhombic shape as well as flat and inclined surfaces layered over grids to resemble crystals.
The E-Com centers are just a few minutes away from the Ninoy Aquino International Airport ,and is accessible via public transportation routes like MRT, LRT, and buses that ply EDSA. Sea travel is also available at the ferry terminal located at the same complex.
SM Prime Holdings, Inc. is the property arm of the SM Group of Companies.
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.