Century Properties eyes P500M annual revenues from green office building
Century Properties Group expects to generate about P500 million in annual revenues from its newly opened Asian Century Center, a P1.6 billion green office building in Bonifacio Global City.
Located at the 27th st. corner 3rd Ave. in BGC, the 21 story Asian Century Center has been 75 percent leased with three IT companies occupying 29,628 square meters.
“The addition of this green building into the office inventory of BGC and Taguig City is quite timely as more companies look for well-designed and efficient office spaces to locate in,” said Century Properties chairman and CEO Jose E.B. Antonio.
Accredited by the Philippine Economic Zone Authority (PEZA), theAsian Century Center eets its strict requirements of 100-percent power backup, provision for high-speed internet and infrastructure, and a building management system.
The tower has been pre-certified for the core and shell rating of LEED (or the Leadership in Energy and Environmental Design), a globally recognized green building and sustainability certification system.
CPG said Asian Century Center will boost its recurring income and help meet its goal to quadruple its leasing assets.
From its current completed gross floor area of about 133,000 sqm, CPG’s portfolio will increase to 300,000 sqm by 2020 once its leasing projects are completed.
CPG is also set to open the 58,618-square meter Century Diamond Tower next year.