Wednesday 4 September 2013

First Forbes Tower set for Manila



Global media company Forbes and prominent Philippines developer Century Properties Group are set to build the world’s first Forbes-branded Forbes Media Tower in Makati, Metro Manila.

The commercial building will be designed to serve the world’s business leaders by providing an environment to conduct business with premium amenities. This initial tower is expected to be part of a network of Forbes Media Towers around the world.

“Century Properties is honoured to be working with Forbes Media for this project. Forbes is synonymous with success and business, and this partnership fits perfectly with our distinguished portfolio of local and internationally renowned brand partners,” said Jose E. B. Antonio (pictured), President & Chief Executive Officer of Century Properties Group.

“It is also an honour for us that Forbes has recognised the Philippines as one of Asia’s bright spots and showed its confidence by choosing Makati, Metro Manila as the first site of its landmark business tower.

Mike Perlis, President and Chief Executive Officer of Forbes Media, said: “We’re very pleased to be collaborating with Century Properties for the first Forbes Media Tower as we extend our brand into the global real estate development market.

Forbes has always been an authoritative resource for the world’s business leaders, and this tower further reinforces our long-standing mission. The Philippines, with its rapidly growing market and strong relations with the U.S., is the perfect location to launch this effort.”

The Forbes Media Tower in Makati, Metro Manila will offer approximately 60,000 sqm of premium office space, which will be available for sale and for rent to business owners, entrepreneurs and companies by the first quarter of 2014. In addition to office space, the building will provide meeting and event space with plans for a fine dining restaurant, fitness centre and exhibition facilities.

The tower will be located in Century City, a mixed-use development of Century Properties in the central business district of Makati. Makati is comprised of premium residences, office buildings and the Century City Mall. The tower’s location is part of an IT zone, which will allow accredited locators to benefit from incentives from the Philippine Economic Zone Authority.

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