Eton Properties Philippines Corp., said it remains confident of the prospects of the office space segment of the property market, with the latest trends suggesting a rising demand on a particular segment of the office leasing industry
Karlu Tan Say, Eton Properties chief operating officer, said this is particularly notable in the backdrop of a dip office spaces demand last year because of the pandemic,
“Having a work-from-home business model for employees would mean saving office expenses like utilities, supplies, among others. Shifting to a smaller office space can cut down costs without having to cut down on manpower,” Say said noting the market’s opportunity in small office spaces.
Over the first quarter of this year, Say said Eton Properties has received significant inquiries from companies that would like to transfer from their unused large headquarters to small office spaces, given the need to downgrade operational expenses and the government’s recommendation for companies to implement flexible work arrangements, including working from home.
“In order to keep up with the demand, Eton Properties is currently offering Blakes Tower, a mixed-use property development located in Makati City that answers the need for small and flexible office spaces, dormitories and residential units that can be leased out,” said Say.
The 36-storey building has 11,000 square meters of leasable areas specially dedicated for offices.
It is located within the mixed-use complex of Eton WestEnd Square along Chino Roces in Makati. Within the development are BPO and off-shore businesses hub, eWestPod and commercial center, eWestMall.
