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Building On Strength

CPG executives, consultants, and technical partners in the concrete pouring ceremony of the FourE-ComCenter

SM Prime’s Commercial Properties Group (CPG) continues to be a major contributor in office development, office leasing, and property management in the country. The group is equipped to accommodate the demand for commercial properties particularly in the growing commercial business district of the Bay Area in Pasay City. The business continues to attract a diverse tenant mix by providing strategically-located and world-class office buildings. From primarily catering to BPO tenants, the group now caters to different businesses such as Financial Services, Information Technology, Telecommunications, Logistics, and Tourism industries among others.

In 2017, the ThreeE-ComCenter, which is the first Pre-Certified LEED Gold office property of CPG, received accreditation from The Philippine Economic Zone Authority (PEZA). The building’s accreditation makes it more attractive to multinational companies, which further leverages economic activity to the country. In the same year, the construction of FourE-ComCenter went into full swing after it conducted its concrete pouring ceremony. The FourE-ComCenter, which will be composed of three adjacent office towers, will provide an additional 129,346 sqm of GFA to the group’s portfolio. The first tower is expected to be completed by 3Q of 2019, with the second tower by 2020 and the third tower by 2021. Later in the same year, the Department of Energy’s Don Emilio Abello Energy Efficiency Awards recognized the towards efficient energy use. The awards include the ASEAN Energy Award given to OneE-ComCenter and FiveE-ComCenter, a Citation Award for OneE-ComCenter, and a Special Award for TwoE-ComCenter. Moreover, the sucess of the group has attracted major tenants such as Visa, Maersk, Emerson, Teletech, Convergys, APL, OOCL, and ICTSI, among others.

PEZA Director General Charito B. Plaza and CPG BU Head Russel T. Sy during the ThreeE-ComCenter PEZA accreditation.

The SM Prime Commercial Properties Group continues to steadily build upon a record for providing strategically-located and excellent office buildings. The accomplishments and milestones that the group have made over the years prove the group’s commitment to continuously adapt to the ever-changing landscape of the industry. With its growing number of competitive office property offerings, companies from here and abroad can grow and thrive, which in turn further leverages economic activity to the country.