ILOILO CITY: Listed property developer Megaworld Corp. is doubling the office leasing inventory in its 72-hectare mixed-use development Iloilo Business Park (IBP) to 100,000 square meters (sqm) by 2020 in response to the robust demand for office space from the business process outsourcing (BPO) sector.
In a press briefing on Friday, Megaworld Senior Vice President Jericho Go said the company expects to build 55,000 sqms of leasable office space in the next three years, adding to the current 45,000-sqm inventory from five existing towers in the master-planned development.
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