Eton Properties Philippines Inc., the real estate company of the Lucio Tan Group, plans to ramp up its office and commercial portfolio this year, saying that the company remained resilient amid the global economic recession last year.
BusinessWorld
May 4, 2021 | 12:03 am
ETON PROPERTIES is looking to address a rise in demand for small office spaces with its office and residential building, Blakes Tower, in Makati City.
Eton Properties Chief Operating Officer Karlu Tan Say said the latest property trends suggest an increasing demand for small office spaces, after demand took a hit because of the pandemic last year.
“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,” she said in a statement.
Eton Properties said it has received inquiries from companies that would like to move to smaller office spaces from their big headquarters that have been unused as they implement flexible work arrangements.
Published May 3, 2021, 5:00 AM
Eton Properties Philippines Inc. is looking to meet rising demand for small office space which is on the rise due to the unique situation arising from the pandemic.
“While demand for office spaces took a dip last year because of the pandemic, the latest trends suggest a rising demand on a particular segment of the office leasing industry,” said Eton Properties Chief Operating Officer Karlu Tan Say.
She said this is the demand for small office spaces.
“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.