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Manila Bulletin devider Property and Living devider Growing strong and stable with higher occupancy rates

Growing strong and stable with higher occupancy rates

PNB Holdings Corporation scored a 90 percent occupancy rate in the first half of 2025

Published Nov 11, 2025 11:44 am
PNB Makati Center entrance
PNB Makati Center entrance
In the first half of the year, PNB Holdings Corporation (PHC) reported a 90 percent occupancy rate across its portfolio, a significant increase from the 63 percent recorded in the same period in 2024.
“That’s a significant jump, and it really speaks to our consistent performance and commitment to helping tenants thrive through purposeful property management and long-term value creation, even during a challenging time for the real estate sector,” said PHC Chief Operating Officer Joselito R. Consunji.
PHC Chief Operating Officer Joselito R. Consunji
PHC Chief Operating Officer Joselito R. Consunji
“Notably, occupancy has consistently hovered around this level for the past three years, underscoring our deep understanding of tenant needs and our sustained commitment to providing functional, strategically located spaces for a diverse range of industries,” he added.
The 27 percent gain in the overall occupancy rate reflects the combined performance of PNB Makati Center and PNB Financial Center from January to June 2025, with the former leading the portfolio at 94 percent occupancy.
Consunji attributed the achievement to PHC’s long-standing commitment to responsive property management, strategic locations, and a clear focus on tenant success.
“Our ability to blend legacy with functionality, along with our deep understanding of emerging business needs, allows us to maintain high occupancy even in a competitive and changing real estate market,” said Consunji. “The company has shown consistency in delivering value to tenants, and this level of performance is a reflection of our ability to adapt to market shifts while continuing to meet the evolving needs of the businesses and communities that we serve.”
PNB Makati Center at Ayala Avenue in Makati City
PNB Makati Center at Ayala Avenue in Makati City
He also mentioned the prime location of PNB Makati Center along Ayala Avenue in Makati City. “This makes it a strategic choice for both established enterprises and emerging startups, since it offers value and prestige for brands seeking visibility and connectivity in Metro Manila’s premier business district,” he explained.
To solidify its market performance, PNB Holdings Corporation will implement strategic enhancements across its properties to meet the evolving demands of the commercial and office landscape.
In 2026, PHC will curate the tenant mix and prioritize lifestyle and wellness at the PNB Makati Center to ensure occupants have access to amenities that support productivity and well-being. Select gross leasable areas in PNB Makati Center will be converted into prime food and beverage retail spaces, designed to attract both established and emerging F&B concepts seeking visibility along Ayala Avenue.
PNB Financial Center at Macapagal Blvd. in Pasay City
PNB Financial Center at Macapagal Blvd. in Pasay City
At PNB Financial Center in Pasay City, additional spaces will be made available for events and meetings to cater to the growing demand for accessible, flexible MICE venues.
“Its strategic location, adjacent to the World Trade Center and near PICC and major entertainment hubs, positions it as an ideal choice for corporate functions and diverse events,” concluded Consunji.
In addition, building systems and facilities will be upgraded to reinforce safety, functionality, and competitiveness, making the properties stand out against newer developments in prime locations.

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