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Friday, March 29, 2024

Iloilo office market

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Megaworld Corp., the largest office lessor in the country, is now dominating the office leasing market in Iloilo City, with a 70-percent market share based on an internal study conducted in April. The company said the company as of end-April this year has a total leasable office portfolio of 100,000 square meters in nine completed office towers inside the 72-hectare Iloilo Business Park, the company’s premier township development in the city. All office towers to date are 100-percent occupied by mostly business process outsourcing companies, which Megaworld helped bring to Iloilo for the first time.

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