Eton Properties to spend P9B on 4 BPO buildings

Eton Properties Inc., the property development arm of business tycoon Lucio Tan, sets its sights on the office market and plans to spend P9 billion on the construction of four business process outsourcing (BPO) buildings.

In a media briefing on Tuesday, Eton Properties Deputy Chief Operating Officer Josefino Lucas told reporters the firm is expanding its office space footprint, with the launch of four office projects this year, on the back of the strong demand from the BPO market.