Ayala Land to build more BPO buildings, cites demand rebound
Wednesday, September 1st, 2010
PROPERTY GIANT Ayala Land, Inc. plans to hike office spaces for business process outsourcing (BPO) firms in the next few years given renewed demand, its top executive said.
More office spaces will be available in the next few years as Ayala Land taps provinces for further expansion. “An example is our BPO building in Iloilo and Bacolod [in Negros Occidental],” Ayala Land President Antonino T. Aquino told reporters late last week.
At end-2009, Ayala Land had a total space for lease of 347,000 square meters (sq. m.), of which 67% were occupied as of end-June, up from 58% in the same period last year.
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