A significant shift is underway in the Philippine property landscape as a leading developer unveils a dedicated team focused on expanding its nationwide office portfolio.
Megaworld has established Megaworld Global Offices, a new division designed to work alongside its existing Megaworld Premier Offices, with a bold ambition: to reach two million square meters of leasable office space.
Expansion will concentrate on regions demonstrating robust growth potential, including Ilocos, Pampanga, Cavite, Bacolod, and Cagayan de Oro – areas poised to become new hubs of commerce and innovation.
Leading this new venture is Francisco Ma. D. Roxas, a seasoned real estate executive brought in from Ayala Land, Inc. Roxas brings three decades of experience, having previously spearheaded growth at Ayala Land Offices.
His expertise is particularly relevant in today’s market, where demand is shifting towards spaces that embrace hybrid work models and prioritize environmental sustainability.
Despite the rise of artificial intelligence and emerging technologies, Megaworld’s President and CEO, Lourdes T. Gutierrez-Alfonso, reports continued strong demand for office spaces throughout the country.
These technological advancements aren’t diminishing the need for physical workspaces; instead, they are fueling growth in sectors like finance, IT, and healthcare, creating new opportunities for professionals.
The company is actively pursuing partnerships with both established Fortune 500 companies and burgeoning startups, aiming to diversify and expand its already impressive tenant base of nearly 200 organizations.
Megaworld’s existing townships – including Eastwood City, Uptown Bonifacio, McKinley Hill, McKinley West, and Iloilo Business Park – have already evolved into thriving cyberparks, attracting a diverse range of businesses.
Currently, Megaworld manages approximately 1.6 million square meters of office space across 90 towers, providing workplaces for around 200,000 employees primarily in the business process outsourcing and corporate sectors.
The company’s portfolio boasts a prestigious roster of tenants, including global giants like Google, Coca-Cola, Wells Fargo, IBM, Accenture, and JPMorgan Chase.
Beyond expansion, Megaworld is deeply committed to sustainability, with 32 of its office buildings nationwide already LEED-certified or registered, demonstrating a dedication to environmentally responsible development.
This commitment appears to be paying off, as the company reported a 16% surge in attributable net income, reaching P15.93 billion in the first nine months of 2025, driven by strong rental income and property sales.
