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Manila Bulletin devider Business devider The Stock Market devider Megaworld courts Fortune 500 tenants to expand nationwide office portfolio

Megaworld courts Fortune 500 tenants to expand nationwide office portfolio

Published Jan 14, 2026 12:33 pm
Megaworld President Lourdes Gutierrez-Alfonso
Megaworld President Lourdes Gutierrez-Alfonso
Top office landlord Megaworld Corp. is aiming to attract more Fortune 500 multinational companies (MNCs) to set up shop in its townships, as the firm continues expanding office spaces toward its two-million-square-meter (sqm) target.
To further cement its status as the Philippines’ biggest office developer and lessor, Megaworld has established a second office leasing group, called Megaworld Global Offices.
Megaworld Global Offices will collaborate with the company’s existing office leasing group, Megaworld Premier Offices, to accelerate the growth of the company’s office portfolio, particularly in key growth areas across the country such as Ilocos region, the provinces of Cavite and Pampanga, and the cities of Bacolod and Cagayan de Oro.
The company is looking to attract more Fortune 500 MNCs, including startups, to join its growing portfolio, which now includes almost 200 companies.
These companies are mostly located in key townships that have become some of the country’s largest cyberparks, such as Eastwood City, Uptown Bonifacio, McKinley Hill, McKinley West, and Iloilo Business Park.
“We continue to see strong demand for office spaces in the country, even with the rapid emergence of artificial intelligence (AI) and other new technologies,” said Megaworld President and Chief Executive Officer (CEO) Lourdes T. Gutierrez-Alfonso.
She noted that, “These digital advancements continue to fuel substantial growth among many industries and create significant opportunities for finance, information technology (IT), and healthcare professionals.”
Megaworld Global Offices will be led by Francisco Roxas, an industry veteran with over 30 years of experience in real estate development and property management, about half of it in executive leadership roles.
An alumnus of the Asian Institute of Management (AIM) with a master’s degree in business administration (MBA), Roxas combines academic excellence with extensive hands-on executive experience.
Already the country’s largest office developer, Megaworld today boasts over 1.6 million sqm across almost 90 towers nationwide—the biggest footprint in the market.
These office developments serve as thriving hubs for more than 200,000 employees, primarily from the business process outsourcing (BPO) and corporate sectors.
Megaworld townships have become the preferred address for some of the world’s most respected corporations, including Fortune 500 companies such as Google, Coca-Cola, Wells Fargo, IBM, and Accenture, among others.
The company cemented its industry leadership when it made history with the country’s largest single office lease transaction—developing the Philippine global service center of JPMorgan Chase & Co. in Uptown Bonifacio.
Today, JPMorgan Chase operates out of two Leadership in Energy and Environmental Design (LEED)-certified office towers built by Megaworld, spanning a combined 150,000 sqm. These landmark developments form part of Megaworld’s growing portfolio of over 32 green, LEED-certified and registered office buildings nationwide. - James A. Loyola

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