VisMin developer Cebu Landmasters Inc. (CLI) has joined the growing number of companies offering co-working spaces in response to increasing demand for flexible work arrangements.
In a disclosure to the Philippine Stock Exchange (PSE), the firm announced the launch of WorkNook, its first co-working space, at Base Line Center on Juana Osmeña Street in Cebu City.
With Cebu emerging as a hub for remote work and startups, CLI said WorkNook offers freelancers, small businesses, and students an innovative workspace solution tailored to modern needs.
“WorkNook reflects our vision of creating spaces where today’s professionals can thrive,” said CLI’s Senior Vice President for Marketing and Leasing, Joanna Soberano-Bergundthal.
“We’re excited to contribute to Cebu’s dynamic remote work and business scene,” she added.
A 2022 study by Cisco revealed that 37 percent of Filipino workers feel traditional office setups limit their potential, highlighting the need for spaces like WorkNook.
“Our goal is to support professionals seeking alternatives to working from home in a modern, positive work environment,” Soberano-Bergundthal said.
Designed with productivity and comfort in mind, WorkNook offers “a fresh way to work” with its modern aesthetic and a variety of amenities tailored to different professional needs.
These include private offices for teams and groups, co-working spaces for individuals, and fully equipped meeting rooms for discussions or presentations. It also boasts high-speed internet, office-grade furniture, secure lockers, and a pantry with coffee.
WorkNook is located at Base Line Center, a modern mixed-use development where professionals can enjoy comfort and convenience.
Situated alongside Ascott-branded hotels Citadines Cebu City and lyf Cebu City, residential condominiums, an office building, and various dining and leisure options, it seamlessly blends work and relaxation.
WorkNook also marks a milestone in CLI’s business diversification. Known for its expertise in residential, office, and mixed-use developments, CLI has seen significant growth in its commercial leasing portfolio.
The company reported a 47 percent year-on-year increase in leasing revenues, with 9,219 square meters of new leasable space in its portfolio. WorkNook contributes to this expansion, along with an additional 32,196 square meters of leasable space in the pipeline.