TWO of Metro Manila’s most recognizable office buildings are getting a new lease on life.
The PNB Financial Center in Pasay and the PNB Makati Center along Ayala Avenue are being thoughtfully redeveloped by PNB Holdings Corporation (PHC), as the company works to modernize its properties while preserving their historic character.
Originally built as the headquarters of the Philippine National Bank, the PNB Financial Center has long stood as a symbol of strength and stability.
Located along Macapagal Boulevard, the building is now being repositioned to meet the needs of today’s businesses, with large flexible spaces and a standout Grand Atrium that’s now also being used as an events venue.
Meanwhile, in the heart of Makati’s central business district, the PNB Makati Center remains a key address for companies looking for a strong foothold in the city. Its central location and solid infrastructure continue to attract a mix of tenants from different industries.
PHC said the goal isn’t just to maintain these buildings, but to help them evolve.
“Our approach is rooted in the idea that history and functionality are not opposing forces. Through thoughtful management and purposeful reinvention, we turn heritage into an advantage, creating enduring spaces that are responsive to the evolving needs of our tenants and the wider business community,” said Joselito R. Consunji, Chief Operating Officer of PHC.
Both properties are in prime locations—Pasay’s growing business corridor and Makati’s established commercial zone—giving them a unique edge in terms of accessibility and convenience.
According to PHC, occupancy remains high across both sites, driven by demand for well-located, well-maintained spaces that can grow with their tenants. The company sees these properties as long-term investments not just in real estate, but in the success of the businesses that call them home.
“What makes these properties truly special is how they empower the people and businesses within them,” said Sarah Velasquez, Vice President for Leasing Management. “When our tenants thrive, it creates more opportunities and in turn greater confidence in the economy. At PHC, we take pride in being part of that bigger picture.”
By preserving what made these buildings iconic while adapting them for the future, PHC is turning legacy into a platform for progress—proof that old addresses can still offer new opportunities. Jenniffer B. Austria
