Proactive Properties Development Corp., a new player in the real estate industry, plans to develop a commercial and office development in Clark Global City.
Global Gateway Development Corp., which holds the lease rights on Clark Global City until 2085, said in a statement it signed an agreement with Proactive Properties for the sub-lease of a 2,208 square meter lot in Clark Global City building a mixed-use development project.
“Having Proactive Properties onboard in our endeavor of building CGC as a new central business district aligns with our mission of building this generation’s new center of commerce, life and innovation,” said GGDC chairman Dennis Uy.
“It is notable that Proactive Properties is not just an up and coming industry player, it is an offshoot of a six-year-long industry insights and experience gained by PRIME Philippines. It has a fresh perspective and, being led by millennials, it understands the needs of this generation in terms of work-life balance and how a business district can inspire that,” Uy added.