{"id":56657,"date":"2023-03-10T15:05:34","date_gmt":"2023-03-10T07:05:34","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=56657"},"modified":"2023-03-10T15:05:34","modified_gmt":"2023-03-10T07:05:34","slug":"aboitiz-confident-bpo-property","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/aboitiz-confident-bpo-property\/","title":{"rendered":"Aboitiz feels confident on BPO property expansion bid"},"content":{"rendered":"
MANILA, PHILIPPINES \u2014 Aboitiz InfraCapital (AIC) head Rafael Fernandez de Mesa is optimistic about their expansion bid in the company\u2019s LIMA estate in Batangas.\u00a0<\/span><\/p>\n During a briefing, De Mesa explained that his expectation is anchored on the continued growth of the Philippine economy.\u00a0<\/span><\/p>\n The LIMA estate \u2014 located in Lipa City and Malvar, Batangas \u2014 is expanding by 150 hectares for additional industrial buildings.<\/span><\/p>\n \u201cAnd over the next five to 10 years, depending on how much interest there is, we\u2019ll be able to bring in another 450 hectares of inventory,\u201d De Mesa added.<\/span><\/p>\n The LIMA Estate provides mixed-used facilities, such as commercial, industrial, and residential.<\/span><\/p>\n Its 11-story Tower One is primarily targeted to provide office space requirements for the Business Process Outsourcing (BPO) sector.\u00a0<\/span><\/p>\n It is expected to have a leasable area of around 34,000 square meters, with eight retail spaces at the ground flow and 32 office spaces from the 4th to the 11th floors.<\/span><\/p>\n