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Eton Properties signs up new tenant

Published Aug 20, 2022 03:20 am

Eton Properties Philippines, the Lucio Tan Group’s real estate unit, reported that its office leasing segment is gaining traction against as the country eases out of the Covid-19 pandemic.

In a statement, Eton Properties disclosed that a triple A construction firm has signed a three-year contract for the lease of a whole floor spanning more than 1,000 square meters of its Blakes Tower development located near the Makati CBD.

“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.

Eton Properties Executive Director Kyle Ellis C. Tan

It 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.

At 36 storeys, Blakes Tower has 11,000 sqms. of available gross leasable office area, which can be retrofitted into hybrid cuts at varying office size requirements ranging from 1,000 sqms. and above for more functionality. It has allocated 11 floors for office spaces, and 15 floors for residential units.

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,” he added.

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Eton Properties Philippines Inc.
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