jeg tower Archives - Page 5 of 10 - JEG Tower @ One Acacia Cebu, Philippines

July 6, 2021July 6, 2021

Key steps in finding the best retail space in Cebu

Cebu City has quickly become the economic center of the province and the whole Visayan region. With its bustling commercial profile, growing population of a consumer market, and a huge influx of local and international tourists, having a retail space in Metro Cebu is an attractive business opportunity for many Cebuanos.

Finding the best retail space in Cebu may be intimidating for some. Similar to choosing the ideal office location, deciding where to locate your business can be a major impact on your public presence, foot traffic, and revenue among others. Here are some key steps in finding the best retail space for your business in Cebu:

Set your Size Requirement

Hunting for a retail space in Metro Cebu should start on knowing what your business needs, especially the size you need to operate. It will also be beneficial to consider options that have provisions for expansion in the future.

Consider the Best Location

Location is always the top priority when it comes to choosing a commercial space for business. However, the best retail location in Cebu for your business should depend on more considerations such as the type of goods you sell, your target market, accessibility, and competition. The location can also determine other operational expenditures in the long run.

Accessibility for Employees and Clients

Your retail business’ location should be accessible not only to your clients and target market but also to your employees. Locating in an accessible location can promote a better work-life balance for your employees. Another factor is its proximity to key and other essential establishments.

Cap your Budget

Lease rates should also be one of the most crucial considerations in finding the best retail space for your business in Cebu. Locating in a space that is priced too high can affect your return on investment (ROI) and could put a strain on the business’ sustainability.

Inspect the Site

Before signing your lease, make sure to visit the actual space to learn more about it. Ask your broker about maintenance fees or other concessions you can enjoy if ever you sign as a tenant. It is important to visit the space to make sure that you can make use of it efficiently, make yourself familiar with the neighborhood, and plan for your next business steps.

Named as 2020’s Best Green Commercial Development, JEG Tower @ One Acacia is also offering retail spaces for businesses who want to locate in the heart of Metro Cebu. Get in touch with Lorenzo Rodriguez at (+63) 917-825-6884 to learn more about our offer.

June 30, 2021July 5, 2021

Wellness Ratings & The Office: Why it Matters

The global health crisis has undoubtedly highlighted the need for ‘healthier’ and safer buildings and public spaces. Now more than ever, people need a safer and healthier workplace. The ‘new normal’ presents an opportunity for companies to reevaluate the priorities for their employees and tenants and pivot towards a more sustainable approach in commercial real estate in the Philippines.

Driven by the growing consciousness and awareness of the public to the importance of such spaces, there is also an increasing appetite from investors and owners for buildings to implement more holistic measures which improve the spaces they offer to the public.

What is a Building ‘Wellness Rating’?

Wellness ratings aim to measure and recognize public spaces that provide utmost importance to the health and well-being of its tenants. These ratings are certifications that developers and property owners aspire to complete and achieve as a symbol of their commitment to building spaces that put a premium on the public’s welfare, especially in the new normal.

Wellness Ratings in the Philippines

In the Philippines, commercial developments can aim for LEED, BERDE, and WELL certifications to ensure the quality of spaces they construct and offer to the public.

LEED or the Leadership in Energy and Environmental Development is one of the certifications that buildings in the country can apply to ensure the safety, comfort, and security of the building’s occupiers.

Developed by the US Green Building Council (USGBC), it is an internationally recognized certification program that provides a third-party verification that a building was designed and built following strategies aimed to underscore the triple bottom line of sustainability: People, Planet, and Profit.

The ‘People’ concept of sustainability highlights the importance of the experience inside the building. It emphasizes how providing an ideal environment for occupants can contribute to their working performance, motivation, happiness, and its overall impacts on public health and society as a whole.

BERDE, or the Building for Ecologically Responsive Design Excellence, is a tool to assess, measure, monitor, and certify the performance of green building projects in the Philippines. Developed by the Philippine Green Building Council, this rating aims to ensure green buildings perform and follow existing national and local building and environmental laws, regulations, and mandatory standards in the country.

WELL, on the other hand, is a performance-based system for measuring, certifying, and monitoring features of the built environment that impact human health and wellbeing. Commercial buildings and establishments are evaluated through various elements that contribute and affect holistic well-being of the public including air, water, nourishment, light, fitness, comfort, and mind.

Why is Wellness Important in the Office

Commercial developments and office buildings in the Philippines should aim to provide healthy and safe spaces for their tenants, employees, and occupants. Putting the public’s well-being on top of the priority will not only be a unique feature for an establishment but will also benefit the business in the long run.

Studies show that healthy and happy employees perform better and faster in the workplace, effectively increasing their output and boosting their motivation to work. Healthy workspaces also improve and maintain employee morale, fosters loyalty, and increase employee retention.

Moreover, a company that takes care of their employees by providing healthy and safe workspaces create a better and more ideal brand identity and reputation.

With its vision of Bringing Work to Life, JEG Tower @ One Acacia revolutionizes work and life balance by integrating sustainability and sophistication in its design and operations. Office spaces in this 22-storey commercial tower offer the best working environment, amplified by its unique green features and guided by LEED standards.

Interested to learn more? Connect with Lorenzo Rodriguez at (+63) 917-825-6884 to find out how you can locate your business in the best workplace in Cebu City.

June 22, 2021June 30, 2021

Why JEG Tower is the perfect new normal workplace

Even before the pandemic, JEG Tower @ One Acacia aimed to offer the best workplace in Cebu City. As businesses are more open to going back to the office, this 22-storey premium office building has focused on pivoting the evolving needs of the workplace in the post-lockdown business landscape.

Through the intelligent utilization of technology, sustainable design and construction methods, and integrated and holistic approach to the well-being of its occupiers, JEG Tower @ One Acacia is the perfect new normal workplace in the heart of Metro Cebu.

Defined by the World Health Organization (WHO), a healthy post-pandemic workplace should be a balance of occupational health and safety, as well as health promotion efforts and initiatives. According to the international health agency, “a healthy workplace is one in which workers and managers collaborate to use a continual improvement process to protect and promote the health, safety, and well-being of workers and the sustainability of the workplace by considering the following, based on identified needs.”

Optimal Indoor Air Quality & Contactless Technology

JEG Tower @ One Acacia utilizes the MERV-13 air filters and Fresh Air System for optimal indoor air quality. The Minimum Efficiency Reporting Values or MERV filters that can capture particles in the air from 0.3 and 10 microns (µm). Higher value in MERV ratings leads to better filtration, fewer dust particles, and other airborne contaminants. The tower’s MERV13 filter is one of the highest-grade filters in the industry that promotes an ideal indoor environment and eliminates the growth of bacteria, mold, mildew, or fungi.

The tower also uses the Fresh Air System that ensures the comfort of its tenants. According to the Environment Protection Agency (EPA), building occupants with little or no access to fresh air end up being more exposed to pollutants indoors compared to when they go outdoors. HVAC systems tend to circulate and recycle old air rather than drawing new and fresh air from the outside.

To address one of the most common health and safety concerns in common spaces, JEG Tower @ One Acacia has also integrated contactless and smart technology in all office floors and common areas in the building. Automatic sliding doors have been installed in the main entrance for touchless access. Motion-sensor bathroom fixtures are also made available for tenants to limit contact to surfaces in public areas.

JEG Tower also has stationed hands-free standing and desk temperature scanners to ensure the fitness of each employee or guest entering the premises.

The Destination-Oriented Assignment System (DOAS) elevators do not only manage crowds and limit contact, boost building security, but also assist in easier tracing or monitoring of foot traffic in the building. It is also one of the tower’s unique green and sustainable features as part of its pledge to sustainability and green real estate in Cebu.

Advocates of Holistic Health and Employee Well-being

JEG Tower in Cebu uplifts the health and wellness of its tenants. Committed to revolutionizing work and life balance, the building has designed office spaces to maximize the use of natural daylight, allow better indoor air quality in all work and common spaces, and organize initiatives to encourage healthier living for everyone.

Named as 2020’s Best Green Commercial Development in the Philippines, JEG Tower @ One Acacia is committed to providing a workplace that addresses the physiological, mental, and social needs of its employees and occupants.

By following global standards and optimizing building design and operations, it is one of the most ideal locations to work in Cebu City. JEG Tower puts a premium on its tenants’ health while practicing sustainability and energy efficiency.

Locate your business in Cebu City’s newest premium green building. Contact Lorenzo Martin E. Rodriguez at (+63) 917-825–6884. For leasing inquiries and more information, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.

June 15, 2021June 15, 2021

Vaccination of ‘economic workers’ to ease rising vacancy in Cebu City offices

After a full year in lockdown, Cebu’s office market has faced challenges in leasing and vacancy but still saw a few bright spots from January to March of 2021.

KMC data show that while Cebu IT Park and the Cebu Fringe continue to log increasing vacancies, Cebu Business Park has observed movement and absorption as BPO locators continue to choose the Visayan capital as the center of economic activity and ideal area of expansion outside Luzon.

According to KMC’s 1Q/2021 Office Briefing, both Cebu IT Park (CITP) and the Cebu Fringe continued to lose tenants, greatly contributing to the recorded 19.2% vacancy rate. Meanwhile, there was a recorded contraction of vacancies in the Cebu Business Park after 16,000 sq m of office space was occupied in the quarter.

Rental rates in CITP and the Cebu Fringe are also on a downward trend as landlords keep up with the increase in vacancies in both areas. On the contrary, office spaces within the Cebu Business Park posted a 0.3% higher rental rate. Average office rental rates in the Cebu Central Business District registered at PHP 577.6 per sq m / month, 2.3% lower than the start of the pandemic a year ago.

DOWNLOAD: KMC Cebu Office Briefing 1Q/2021

Around 117,300 sq m of new office supply is expected to be available before the end of the year. As consequent effects of the COVID-19 pandemic are still felt in the country, short-term demand is forecasted to remain muted and minimal as occupiers fare the new normal. There is, however, a slight improvement in various pre-leasing activities in the Cebu CBD, with the opportunity to occupy fresh spaces at current rates.

JEG Tower @ One Acacia is one of the office buildings that are expected to come online in 2021. Being one of the newest premium green buildings and PEZA accredited locations in the Cebu district, the 22-storey tower is expected to uplift the commercial pipeline for local businesses and multinational locators in the Visayan epicenter.

Vaccination of ‘Economic Workers’

As the local government’s vaccination rollout is now open to the A4 priority group (employees reporting to the office), more leasing activity is expected in Cebu City and its business districts in the coming months.

According to the Visayas Vaccination Operations Center (VVOC), a total of 28,661 individuals have already been inoculated with their first dose of the vaccine as of June 10. Of this number, 4,697 have already managed to complete their inoculation schedules.

Mandaue Chamber of Commerce and Industry President Steven Yu said the business community in Cebu is hopeful that the economic revival in the province will come sooner or later as more people are encouraged to get the vaccine.

“As more A4s get vaccinated, they become our role models/ambassadors which convince anti-vaxxers to become pro-vaxxers. As early as a few days ago, we could see a sea wave of change of heart from people, and they are now willing to be vaccinated because more and more of their friends/relatives had been vaccinated,” Yu said. “The future looks bright, and we need to ensure that we will have sufficient quantities of vaccines coming in regularly,” he added.

Get more relevant, in-depth market insights in Cebu’s central business district in the new normal. Reach out to Lorenzo Rodriguez at (+63) 917-852-6884. Send us an email at info@kmcmaggroup.com or reach out to us at (+63) 2-8403-5519 to know more about how you can lease JEG Tower @ One Acacia.

May 19, 2021May 19, 2021

Green growth: Why is Sustainability crucial for Cebu City

Next to Metro Manila, Cebu City is the second most populated area in the Philippines. Being the Visayan capital and the main economic stronghold outside Luzon, Metro Cebu rapidly became urbanized and dense as numerous BPO and multinational companies locate in the city and opened opportunities for locals and residents moving in from neighboring islands and provinces.

As the city’s corporate community expands, more commercial establishments were built and developed, especially in Cebu City’s main business district. However, an in-depth report by the Organization for Economic Co-operation and Development (OECD), an independent organization that stimulates the economic progress and world trade, found that in order for the city to keep up with its ‘rapid urban sprawl’ , sustainable real estate should be pushed in the city to encourage continued economic development while minimizing either negative ‘environmental externalities or the unsustainable consumption of natural resources and environmental assets’.

Sustainability in real estate has long been a standing movement in the industry. As the world became more aware of the importance of promoting health, wellness, and preserving the environment, the call for green real estate was also amplified in the Philippines, especially in Cebu.

Why is there a need for a greener Cebu?

In the same report by OECD, Metro Cebu’s economic steady economic growth and commercial real estate expansion are causing a strain on the other aspects of the city’s development. As mentioned in the report, the growth of Metro Cebu’s urban population has emphasized other potential weak spots in the city including an integrated public transportation system that can contribute to traffic congestion and pollution.

Keeping up with international building and commercial standards, homegrown developer JEG Development Corporation (JDC) advocates green buildings and sustainable real estate to raise the quality of work and office spaces within Cebu City. JEG Tower @ One Acacia is an award-winning commercial development, recognized for its state-of-the-art technology in promoting sustainability and health while complimenting its sophisticated design.

Led by third-generation Cebuano leaders, JDC pursues a more sustainable path as part of their contribution to their family’s legacy and to the green growth of the province. Chief Operating Officer Marko Sarmiento, Brand Manager Ayla Gomez, and Estate and Business Development Manager Stefan Garcia agree that guided by their company values, JDC’s main thrust is to enrich the lives of the communities where their properties are built.

“Integrity guides everything we do, and we are mindful of our impact on the environment and to the future generations of Cebuanos,” Gomez explained.

“We are a young and dynamic player in Cebu’s real estate industry, we’re making our contribution by having a long-term view in developing liveable and sustainable communities,” Sarmiento expressed in a previous interview. “We may be a relatively new player in the industry, but our local roots are strong and deep, which is why we are committed to always uplift Cebu through our properties especially with the many adjustments because of the pandemic,” he added.

Premium Standard in Green Real Estate

JEG Tower @ One Acacia is JDC’s flagship vertical project was the winner of the 2020 PropertyGuru Property Awards Philippines’ Best Green Commercial Development in the country. The 22-storey office and retail tower was also recognized by Leadership in Energy and Environmental Design (LEED) with a pre-certified Silver rating.

The tower uses green techniques and applies extensive plans for soil erosion, waste management, and air quality. Aiming to create a less polluted environment leads to better public health, which is very crucial in the post-pandemic era.

“By pivoting towards green development, Cebu would be a better place to live, work, and do business in, as this would reduce both pollution and illness by improving the air quality, waste management, and livability of our urban areas,” Garcia shared.

Discover why JEG Tower @ One Acacia is the best place to work in Cebu City. Contact Lorenzo Martin E. Rodriguez at (+63) 917-825-6884 to schedule a viewing today!

May 11, 2021May 11, 2021

Efficiency vs. Aesthetic: Why JEG Tower @ One Acacia has ‘uniquely designed’ windows

Traditional office spaces tend to be constricting boxes of plain gray walls. However, as the idea of the “workplace” evolved to a more ‘human-centric’ approach, trends in office design and construction highlighted the importance of health and wellness. Open layout offices and Biophilic offices became the ideal type of setup. Both are meant to promote the physical, mental, emotional, and social health of the employees, providing areas where they can rest, socialize, and spend most of the day in a healthy space.

As the world adapted to life amid a global health crisis, more realized the importance of promoting the health and safety of the community, especially in offices and workplaces. Green buildings are becoming to be the standard in the post-pandemic life as they offer a more refined quality of life while working.

JEG Tower @ One Acacia is the ultimate fusion of business and leisure. With its top-grade green features and sophisticated design, it is one of the few LEED-certified buildings in the Cebu central business district (CBD). This 22-storey premium grade green building is the newest PEZA accredited development in Cebu City.

READ MORE: Well & Green: How JEG Tower @ One Acacia delivers the best workplace in Cebu

One of JEG Tower’s unique features is its operable windows on its office floors. While some may find this design call as disruptive on its façade, JEG Development Corporation chose to prioritize efficiency over aesthetics. Being a LEED Pre-certified Silver development, JEG Tower observes industry standards to ensure the optimal indoor air quality inside the tower. Operable windows allow the flow of fresh air into the office floors, providing more benefit to its tenants and improving the efficiency of the building.

Many studies gave also linked disease-causing germs and viruses to enclosed and poorly ventilated spaces. According to the Environment Protection Agency (EPA), building occupants with little or no access to fresh air end up being more exposed to pollutants indoors compared to when they go outdoors. HVAC systems tend to circulate and recycle old air rather than drawing new and fresh air from the outside.

Should office windows be operable?

Operable office windows provide natural ventilation that does not only improve the energy efficiency of a building but also benefit the health and well-being of its occupiers:

Energy Conservation

Operable windows can allow natural airflow into the establishment. The introduction of warm and cool air to the interior of the building during favorable outside temperature and humidity conditions.

Increased Comfort and Productivity

Fresh air is always good for the health of the tenants of the building. Studies show that employees that have access to fresh outdoor air and more oxygen are more productive and healthy.

Disease Prevention and Control

Since some research claim that COVID-19 is airborne, operable windows can prevent other airborne diseases and prevent cross-infection inside the premises of the office.

Low Maintenance

Operable windows are easier to clean and maintain for office buildings. It allows easier access to the window cleaners from the inside.

Understanding the importance of indoor air quality and fresh air is vital in offering the best working environment for employees. Committed to providing safer spaces in Cebu, JEG Tower @ One Acacia invests in the latest technology and follows the highest industry standards that set well-being as the top priority.

For inquiries and more information on leasing, contact Lorenzo Rodriguez at (+63) 917-825-6884.

May 5, 2021May 5, 2021

Safe Travel 101: Travelling to Cebu Amid the Pandemic

One year since being the epicenter of COVID-19 in the Philippines, Cebu is on its way to adjusting to ‘the new normal’. After successfully controlling cases and stopping re-surges from happening, the local government of Cebu is now allowing travel for business and leisure for domestic or local visitors.

According to the Inter-Agency Task Force, the whole province of Cebu, including Cebu City, is placed under Modified General Community Quarantine from May 1-31, 2020. Under this classification, essential and non-essential travel is permitted as long as tourists strictly observe the following guidelines.

All tourists entering Cebu through the Mactan-Cebu International Airport should be wearing face masks and face shields at all times, especially during their flight.
Necessary documents should be prepared and ready before boarding the plane. Passengers with incomplete documents will not be allowed to board.
All tourists should present a confirmed round trip plane tickets
All tourists should fill out and complete the Cebu Public Health Passenger Locator Form

The travel requirements and procedure implemented in Cebu City is stricter compared to the rest of the province. As set by the Cebu City LGU, the following are the travel requirements for APORs:

Travel Requirements | APOR

APOR, or Authorized Persons Outside of Residents are travelers to Cebu City for official business or employment. According to the guidelines of the IATF, the following are considered APORs:

Health and emergency frontline service personnel
Government officials and government frontline personnel
Duly authorized humanitarian assistance actors (HAAs)
Persons traveling for medical or humanitarian reasons
Persons going to the airport for travel abroad
Anyone crossing zones for work or business permitted in the zone of destination, and going back home

Requirements:

Negative RT-PCR result (Test must have been taken 3 days from the date of travel)
Safe, Swift, and Smart Passage (S-Pass) Registration (To register: Upload all documents to https://s-pass.ph/)
Travel Coordination Permit (TCP) or Travel Thru Permit (TPP) QR

Government-employed or IATF members should also include their valid government identification and mission/travel order.

Travel Requirements | Tourists

To aid the economy of Cebu City, tourists with non-essential travel purposes are also allowed to go to the Visayan capital given that they present the following requirements:

RT-PCR Negative result (test must have been taken 3 days from the date of travel)
Safe, Swift, and Smart Passage (S-Pass) Registration. (To register: Upload all documents to https://s-pass.ph/)
Travel Coordination Permit (TCP) or Travel Thru Permit (TPP) QR Code

Meanwhile, the latest directive from the provincial government of Cebu is not requiring APORs and domestic tourists to undergo mandatory testing or quarantine protocols as long as they present the following requirements:

Valid IDs
Medical Certificate
Approved pass after symptoms were checked and screened
Strictly comply with the minimum health standards during their stay

Government APORs are also required to have their original travel mission order by their respective superiors.

Other tips and reminders:

Get your RT-PCR Test from DOH-accredited laboratories

Only RT-PCR test results from DOH-accredited laboratories will be honored and considered as a valid requirement when entering Cebu City. Also, keep in mind that the negative test result should be within the 72-hour window prior to your date of travel.

Strictly observe health and safety protocols upon arrival and departure

Comply with the minimum health and safety standards implemented in the province at all times, from arrival to departure. Have all your travel documents readily available for checkpoints and inspections.

JEG Tower @ One Acacia is Cebu City’s newest PEZA accredited premium green building. With its sustainable and green features, the 22-storey commercial tower contributes to Cebu City’s resilience against pandemics and future disease outbreaks. Visit our website at www.jegtower.com to learn more.

April 27, 2021April 27, 2021

The GREEN Advantage: How do green buildings contribute to pandemic resilience?

More than the adjustments transitioning into the new normal, the COVID-19 pandemic in the Philippines made way for changes to happen and lessons to be learned, especially in the public health sector. Due to the global health crisis, many realized the importance of prioritizing health and wellness, not only at home but more importantly at work and within public spaces.

As the world continues to face the pandemic’s threats, health experts are unanimous in saying that prevention and control remain to be the key elements in surviving public health emergencies. Aside from protecting oneself and getting fit and healthy, communities play a huge role in successfully fighting pandemics in the future.

The COVID-19 pandemic has raised the discourse on how important public spaces are in community health. As people learn more about how their environment contributes to their well-being, more have become conscious of where they work, study, shop, an dine.

“Building-based prevention and control measures have become one of the most important methods of fighting against the effects of the COVID-19 pandemic,” Dr. Dr Ho Nyok Yong, president of the Singapore Green Building Council (SGBC), in a webinar during the onset of the pandemic.

The GREEN Advantage

Community and building-based prevention and control measures have become one of the most important methods of fighting against the epidemic. As cities start to reopen their economies and people return to work, green buildings have become a standard for many companies and businesses. A building’s green features became a leverage for commercial developments for the benefits it extends for the health of its tenants and for the prevention of future disease outbreaks.

Even before the COVID-19 pandemic, green buildings place a strong emphasis on optimizing indoor air quality, providing well-ventilated indoor spaces, and encouraging the overall health and well-being of its occupants. To provide additional layers of safety and protection, property owners and landlords started to invest in green building technologies to retrofit workspaces and offices, which are found to be the hotspot of airborne disease outbreaks.

More studies are also connecting the importance of building green infrastructure and encouraging sustainable urban planning and design. According to some research, green infrastructure offers a wide range of ecosystem functions and services essential to human wellbeing and urban sustainability which are of relevance under climatic and health crises.

LEED-certified green buildings, such as JEG Tower @ One Acacia, follow certain criteria that are beneficial to disease control and prevention in the workplace and in the community.

Green buildings provide basic functions for epidemic prevention and control inside public spaces. This includes improving the indoor air quality and natural ventilation and promoting indoor disinfection of surfaces and areas. Through this, the risk of infection and cross-infection within public spaces is significantly reduced, ensuring the safety of the occupants and other members of the community.The world green building council also regulates the water quality, air quality, fitness and antibacterial function building materials of green buildings and developments.

Locate your business in Cebu City’s newest premium green building. Contact Lorenzo Martin E. Rodriguez at (+63) 917-825–6884. For leasing inquiries and more information, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.

April 20, 2021April 20, 2021

PEZA Benefits in Cebu City

Cebu is one of the most ideal business locations for multinational companies who want to tap the regional market in the Philippines. Given its strategic geographic position, Cebu City is the Visayan economic center offering a rich real estate portfolio of commercial and retail developments.

With the government and private business sector’s support, Cebu has established itself as the main economic stronghold in the Visayan region, making it one of the key cities in the Philippines that can accommodate large-scale operations and adapt to their modern technological needs.

Complementing its bustling tourism industry, continuous infrastructure development, and a fresh pool of labor force, Cebu is an ideal option for local and international businesses. It is also one of the top destinations for IT companies, manufacturers, KPOs, and BPOs, recognized as a leading tech hub and a top destination for the call center industry.

Why locate your business in a PEZA accredited building?

Even before the pandemic, many foreign companies have been investing in the Philippines for offshoring and outsourcing jobs to cut operational costs and tap a larger market. To encourage more foreign investment, the government provides benefits and incentives to foreign entities through the Philippine Economic Zone Authority (PEZA).

Companies located in IT Parks and special economic zones enjoy a list of incentives and benefits provided by PEZA. These benefits help companies to get the best return on their capital and investments.

Fiscal Incentives

Income Tax Holiday (100% exemption from corporate tax for n number of years)
Tax-free & duty-free importation of capital equipment and raw materials
Exemption from wharfage dues and export tax, impost, or fees
VAT zero-rating of local purchases*
Exemption from payment of all local government imposts, fees, licenses, or taxes
Exemption from expanded withholding tax

* Subject to compliance with requirements

Non-Fiscal Incentives

Simplified Import-Export Procedures
Potential employment for non-resident foreign nationals*
Issuance of Special Non-Immigrant Visa with Multiple Entry Privileges for non-resident foreign nationals
Extended visa facilitation assistance to foreign nationals their spouses and dependents

*Investor/s, officers, and employees in supervisory, technical, or advisory positions, and their spouses and unmarried children below 21 years old

JEG Tower is now PEZA accredited!

JEG Development Corporation’s maiden high-rise commercial development is now Cebu City’s newest PEZA Accredited premium building. This 22-storey tower is 2020’s Best Commercial Green Development, recognized by the PropertyGuru Philippines Property Awards. It was also shortlisted as the Best Office Development in the same year.

For more information on leasing, contact Lorenzo Rodriguez at (+63) 917-852-6884. You can also send us an email at info@kmcmaggroup.com or reach out to us at (+63) 2-8403-5519.

April 6, 2021April 6, 2021

JEG Tower @ One Acacia Set to Launch this Year

Amid the pandemic, JEG Tower @ One Acacia is finally nearing its completion and launch this year. Now with 97% of its structure done, the 22-storey premium green building is set to open its doors to the public by the first half of 2021.

The tower’s office and retail floors are already completed and are soon to be ready for turnover. Each office floor measures approximately 1,133 sq m, which can be leased whole or could be subdivided by prospect tenants.

JEG Tower @ One Acacia was hailed as the country’s Best Green Commercial Development and was shortlisted for Best Office Development at the PropertyGuru Property Awards in the Philippines last year. This milestone serves as a win for Cebu City’s expansion of sustainable development pipeline.

JEG Development Corporation (JDC)’s maiden high rise project is also the city’s newest PEZA accredited building. This LEED Silver Pre-certified building is also expected to achieve its Gold Certification from the US Green Building Council (USGBC) as it finishes construction this year.

Want to learn more about the best workplace in Cebu? Schedule a viewing today!

Unveiling of the Roof Deck Garden

What is left of the construction is the completion of the tower’s architectural crown jewel, its highly anticipated green roof deck on the 22^nd floor. This distinct feature is one of JEG Tower’s dedicated green spaces, offering a breathable space for tenants and visitors in the building.

JEG Tower In Focus: Roof Deck Garden featuring Cebu’s Endemic Flora

As a proud homegrown real estate developer, JDC celebrates its Cebuano roots through its company and brand identity, especially through its high-rise venture in the real estate industry. The rooftop is set to feature purely endemic flora of Cebu such as:

White Kalachuchi Tree
Peacock Plant Shrub
Pandanus Shrub
Eugenia Shrub
Peace Lily
Yellow Iris

500YOC in Cebu

Complimenting legacy and heritage, the opening of JEG Tower @ One Acacia this year coincides with the celebration of the quincentenary of the establishment and promulgation of Christianity in the Philippines.

While relatively being one of the new kids on the real estate and construction block in Cebu City, JEG Development Corporation traces a long history of celebrating the Cebuano heritage through the legacy of its namesake, Jose E. Garcia, who also founded the company in 1994.

GET TO KNOW JEG DEVELOPMENT CORPORATION

With diverse real estate developments in Cebu City, JDC is a proud homegrown developer who always puts forward the well-being and welfare of their fellow Cebuanos.

“JDC’s main thrust has always been to enrich the lives of the communities where our properties are built. We may be a relatively new player in the industry, but our local roots are strong and deep, which is why we are committed to always uplift Cebu through our properties especially with the many adjustments because of the pandemic,” Marko Sarmiento, JDC’s Chief Operating Officer said.

Recovering Economy

Many local economists are optimistic that Cebu’s economy will pick up soon as more and more people receive the vaccine. The Cebu Chamber of Commerce Industry (CCCI) has expressed its support to the government’s vaccination program, expressing that this will be the key to the local industry’s gradual economic recovery.

By introducing state-of-the-art technology and innovative sustainable features, JEG Tower @ One Acacia serves as a game-changer and pacesetter as businesses slowly transition back to normal operations in Cebu City.

“Even before the pandemic, we have always envisioned JEG Tower to be the game changer that challenges the perspective of businesses when it comes to the workplace,” the company’s Brand Manager Ayla Gomez added. “We want to encourage them to put a high priority to providing a healthier workplace, because we see the greater impact on our overall wellbeing and the world we live in,” Gomez said.

More than developing a premium green building, JDC strives to provide a healthy and safe space for the Cebuanos and business occupiers that will expand in Cebu.

“By pivoting towards green development, Cebu would be a better place to live, work and do business in, as this would reduce both pollution and illness by improving the air quality, waste management, and livability of our urban areas,” Stefan Garcia, JDC’s Estate Manager, shared. “JEG Tower is built using green techniques, with management plans for soil erosion, waste management, and air quality. A less polluted environment ensures better health, especially lung health, which proved to be a key factor for people during this pandemic,” he reiterated.

Stay tuned for JEG Tower @ One Acacia’s launch! Visit www.jegtower.com for more information.

Interested in leasing? Contact Lorenzo Rodriguez at (+63)-917-825 6884. You may also call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.

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