Eton Properties Philippines, Inc. (Eton) has leased out all available space in its office space development Eton Cyberpod Corinthian in Ortigas Pasig.
The remaining floor is set to be taken by back-office service provider Northgate Arinso who is poised to increase its manpower to 800 by the end of the year, according to its director for business consulting Hans Montenegro.
Montenegro said Northgate Arinso signed the documents for another whole floor last week.
Northgate Arinso is the first locator in Cyberpod Corinthian, a three four-storey building cluster along Ortigas avenue in Pasig. This is Eton’s first office space project to be completed, first offering in the campus-type BPO building.
"Northgate Arinso signed a letter of intent to take 2,772.6 square meters at the thirrd floor of building one of Eton Cyberpod Corinthian, bringing the total area to 5,445.2 sq.m. Contract review is ongoing and we expect contract to be signed within the month," according to Eton president Danilo Ignacio.
"With NGA taking the last available floor, Cyberpod Corinthian will be 100 percent leased. Startek is Eton’s other tenant who took seven floors at the project," Ignacio added.
A whole floor can hold as much as 400 BPO seats.
Master-planned for a three four-storey office building within the 1.1 hectare property, Eton Cyberpod Corinthian offers a floorplate of 3,000 sq.m. of space for each building, and can accommodate 12,000 sq.m. per structure of BPO space.
Cyberpod Corinthian is designed to have a commercial component on its ground floor.
Office space is Eton’s biggest contributor so far of recurring income as it continues to develop its portfolio in the local property industry.
Apart from Cyberpod Corinthian, Eton also has its office space in Cyberpod Centris in Quezon City where a 12-storey BPO structure with a 12,000 sq.m. floorplate had been constructed.
Eton Cyberpod Centris currently houses BPO firms Unysis, Bluestream, and Wipro. Other buildings is set for construction.
First half profit for Eton grew almost ten times at P385 million compared to the previous year’s P40 million.
Total revenues reached P1.9 billion, an increase of 280 percent from P503 million last year.
For details on Eton Residential Properties, please contact Reby Ramirez @ +63 916.4044.555 / +63 922.883.9308 / +63 919.699.3572 or e-mail her at reby_ramirez@yahoo.com.
Source: Malaya, 11 September 2010
For details on the Real Estate Service Act > www.ra9646.com
No comments:
Post a Comment