Manila real estate certainly has grown. There are many construction projects in Makati and other areas of the metropolis. The outsourcing industry in the Philippines is partly responsible for this growth. Some call centers prefer to have their own building because they can suit its specifications to their own purposes. Other businesses prefer to rent an office in Manila, as this is cheaper than the construction of a building. It also entails fulfilling fewer requirements, as a company doesn't have to pursue a building permit. There are many areas in metropolitan Manila that offer prime business space.
The biggest companies in the country are located in the city of Makati. In fact, there are some who actually have constructed their own building here, adding to the list of prime Manila real estate. The head offices of many major corporations are based here. Indeed, its reputation as the Wall Street of the Philippines has made a big impact on investors, and the presence of the Philippine Stock Exchange only raises the profile of Makati. An office in Manila located in this particular area is still considered classy and prestigious.
However, Makati isn't the sole source of business in the Philippines today. There are many adjacent areas catching up to its revered status as the financial center of the country. In fact, all around the main metropolitan area of Manila, there are several places that can stake a claim for this status.
Companies who are looking to rent in Manila real estate will find the Fort Bonifacio Global City to be an excellent choice for their needs. The main business center of the area features an assortment of Class A and Class B office buildings, which are perfect for BPO and IT services. It is a growing upscale location, and it is set to become the next financial center of the country.
Another good choice for an office in Manila is the Alabang area. Like Fort Bonifacio, Alabang offers some great office space. It is also home to some of the finest examples of Manila real estate, with high-class subdivisions like Hillsborough, Ayala Alabang, and Alabang Hills. There are many schools and commercial establishments in the vicinity, making it the ideal place to work and to raise a family at the same time.
Eastwood City in Libis also offers some of the best office buildings in Manila real estate. Some of the most notable Manila office buildings, such as Citibank Square, Cyber One, and the IBM Plaza, are located here. These buildings have the most modern technological infrastructure available, and companies who want to rent in Manila should check this place out. Adding to the luster of this place is the country's first IT park, the Eastwood City Cyber Park, which is perfect for companies specializing in BPO and other IT-related pursuits.
Some of the best office buildings are located in Ortigas. There are many options for office space in the area, and any company aiming to boost its business presence can be assured of some of the finest Manila real estate for offices here. The Ortigas Center is a great place for your business to be, and it has the best amenities available. The commercial establishments in the area include the EDSA Shangri-La Plaza, SM Megamall, the Podium, and Robinson's Galleria. This place holds a lot of promise as the next premier location for an office in Manila.