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Determining the Right Office Size for your Business

One of the most crucial factors when looking for an office space is the size needed for your business to operate. When leasing a workplace, there is no one size fits all or a definitive figure applicable for everyone. 

  • Attractive young female creative designer working on new project in office.
It is important to have space enough to accommodate different areas of function in the workplace. An office should also be a place where people collaborate, socialize, and reflect. In the new normal, more companies also take into consideration basic health protocol against the spread of diseases, such as physical distancing.  
Here are some factors to consider when determining your office size requirement: 
Number of Employees 
 
In the Philippines, the recommended ratio of space per employee is about five square meters. This means that on average, every employee in the office should have at least five square meters of space for his workstation, equipment, and free space.  
Each employee’s workspace should allow them to work without risking their health and safety and let them be comfortable enough to be productive and inspired. 
Office Zones 
The COVID-19 pandemic has changed the way people work and live. Now that many companies are returning to the traditional workplace, offices are beginning to adapt to a new set of needs to provide a safer and healthier space for their employees. Office spaces are not only a space for a person to work. It is also a place where people collaborate, socialize, think, reflect, and develop their skills.  
Moreover, remember to include common and shared spaces when calculating the space needed for your office such as: 
Meeting Rooms or Collaboration Spaces 
Conference Rooms 
Private Offices or Quiet Rooms 
Kitchen and Pantry 
Front Desk and Reception 
Storage 
 
Plans for Growth and Expansion 
Leasing an office for your business should be a long-term plan that can accommodate expansion plans in the future. Moving to a new office isn’t something you want to do often, so it’s important to plan ahead and make sure your next office meets your current and future needs. Think about how your business will change over the next ten years. Business owners should consider and anticipate space and storage needs for more employees, larger office spaces, and more files to keep.

Each company varies in the amount each company varies in the amount of office space they need. However, by providing a comfortable space for your employees, offering safe shared spaces, having a venue to practice your company’s culture, and preparing for the future, you will have an idea of which office space is perfect for your business. 
 
JEG Tower @ One Acacia accommodates companies that need small (93-215 sq m) to large (1,170-1,179.02 sq m) office spaces in the heart of Metro Cebu. Schedule a viewing today! Contact Alexa Abella at (+63) 917-825-6884. For inquiries and more information, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com. 
 

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How Your Office Space Impacts Employee Well-Being

Office and design trends change and adapt over time. However, one constant feature of a workplace is its impact on the health and well-being of employees. As people spend almost a third of their lifetime inside office spaces, people begin to realize and put greater value in choosing a space that puts their wellness on top. 
 
Numerous research has successfully linked space to the health of its occupants. The American Psychological Association (APA) reported in a journal that a healthy workplace should include five components: work-life balance, health and safety, employee growth and development, employee recognition, and employee involvement.  

Moreover, many studies have also proved that workplace design significantly influences employees’ health, motivation, and performance. In one survey, 93% of the respondents said that they would stay longer at a company that offers healthier workspaces and benefits.  
 
 
From employee attraction to retention and productivity improvement, your office space impacts your business. Here are some ways your workplace affects your employees’ health: 
 
Mental Health 
A healthy workplace can help employees manage stress and relieve anxiety. According to commercial interior designers, certain aspects of the office can contribute to increasing motivation, boosting morale, and productivity. In an article, Gensler reported that biophilic and green features such as outdoor spaces and access to natural lighting can help reduce stress, anger, and anxiety. It can also lead to improved self-esteem and a better image of self in the long run. 

Physical Well-being 
Businesses can provide a healthy workplace by ensuring that the physical work environment is set to the highest industry standards and criteria. An ideal physical work environment ensures that the design and layout of the workplace is optimal for the comfort, productivity, and motivation of its employees. 
 
Providing optimal indoor air quality is also a crucial task for workspaces, especially in the new normal. Aside from disease prevention, fresh and clean indoor air can also improve cognitive function and reduce anxiety to employees. 
 
Office spaces that also encourage movement and exercise can also improve the physical health of their occupants. 
 
LEED-certified Buildings for Holistic Health 
 
Workplaces located inside a LEED-certified building are linked to improved productivity, increased output, and better work performance. The same study also found that the indoor air quality of their work environment contributes to its employees’ fulfillment at work and overall mood during office hours.  
 
The US Green Building Council (USGBC) found that potential employees prefer working in an office located in a LEED-certified building, where their health and well-being are considered to be top priority. The same study found that workers based in a LEED-certified green building are found to be more satisfied with their job, and that 79 percent of the respondents agree that they would choose a job in a LEED-certified building over a non-LEED building. 
 
Bound by its commitment to uplift People, Planet, and Profit, Leadership in Energy and Environmental Design (LEED) certified buildings are designed and built to promote the overall health and well-being of its occupants while leaving the least negative impacts to the environment. 

LEED-certified buildings such as JEG Tower @ One Acacia have observed the highest set of standards to ensure the overall comfort and safety of its occupants. JEG Tower is designed and built to promote their physical and mental health.  
 
As the highest-scoring LEED commercial development in Cebu City, this 22-storey tower ensures that the workplace design does not compromise the safety, security, and functionality of the space. Instead, it adds value to the often-overlooked aspect of design, which is to promote holistic wellness to its occupants. 
 
 
Want to learn more about JEG Tower @ One Acacia? Contact Alexa Abella at (+63) 917-825-6884. For inquiries and more information, call us at (+63) 2-8403-5519 or send an email to info@kmcmaggroup.com.

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Why Lease an Office Space in Cebu City?

The Queen City of the South, Cebu is more than just a popular tourist destination in the Philippines. Its bustling economy, supported by local business policies, big-ticket infrastructure projects, and rich real estate portfolio, Metro Cebu is now one of the most attractive investment locations in the country.\

Here are some of the reasons why you should lease an office space in Cebu City: 
 
PREMIUM COMMERCIAL SPACES 

Cebu City boasts of a huge portfolio of office and retail buildings that offer premium and tech-capable spaces to aid in the expansion of businesses in the Visayan region. Many developments are also designed and built to support and accommodate the needs of its occupiers, including IT-BPO locators. Over the past few years, the BPO industry became one of the drivers of the province’s economy and business landscape. 

 
According to KMC Savills data, Cebu City’s office market continued to show improvement during the last quarter of 2021. The net office take-up of almost 16,000 sq m. It also added that with total completions of 65,300 sq m of new Grade A office space in Metro Cebu, vacancies will climb up to 24.9%, prompting additional options for companies locating to the economic center of Visayas. 
 
 
FOCUS ON SUSTAINABILITY 
 
As one of the top tourist destinations and jewels of the Philippines, real estate developments in Cebu City put more premium in the protection and preservation of the environment. Because of this, more spaces are shifting to green and more sustainable design and construction methods that also benefit employees to occupy the building. 
 
RELATED: Why Green Buildings are Office-Rebound Ready 

 
 
LOCAL GOVERNMENT SUPPORT FOR BUSINESS 
 
The Cebu City local government is very supportive of its business community. With the economy in mind, local policies in Metro Cebu enable local and multinational companies and investors to set up their business in the economic center of Visayas.  
 

Cities and municipalities within the province prioritize the strengthening of measures and ordinances to support the growing local business sector. The local administration also adopts necessary changes and adjustments to promote the province as the next key location in the Visayas region. Government officials take pride in sustaining the standards in business policymaking and investment promotions in Cebu. Similar initiatives will encourage more business locators to invest and occupy more office spaces and commercial buildings in other areas within the province. 

 
UP AND COMING LABOR POOL 

One of the main benefits of locating your business in Cebu City is its young and lively workforce. Cebu City is home to some of the best universities in the country, including the University of the Philippines Cebu and University of San Carlos that produce graduates exceptional in various fields and industries. 
 
Additionally, Cebu is well-known for its English-speaking population which can be an additional benefit for multinational companies and BPOs to operate and expand to the province.  

 
EXPANSION OUTSIDE METRO MANILA 

KMC also cited that many multinational companies under the healthcare services, legal services, professional travel management, financial services, IT services, software development, and animation industries are some of the top locators that are looking to expand their business footprint and operations in Cebu City. 
 
JEG Tower @ One Acacia is one of the newest premium green buildings in Cebu City. Named as the Best Commercial Green Development by PropertyGuru in 2020, this LEED Gold-certified development is truly the best place to work in Cebu. 
 
LEARN MORE ABOUT JEG TOWER: Checklist for the Best Business Address in Cebu City 
 

Interested in expanding to the Visayas? Locate in the best place to work in Cebu City. Get in touch with Gerold Fernando at (+63) 917-565-3547 or send an email to jegtower@kmcmaggroup.com for more details.   
 

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Benefits of Cycling to Work: Health, Environment, and Community

Eco transport, manager goes to office and active lifestyle in city, businessman outdoor

Cycling is a good way of practicing sustainability in daily life. As a form of exercise, an alternative mode of transportation, and a shared activity, riding a bicycle to and from your destination can benefit your health, the environment, and the whole community. 

JEG Development Corporation (JDC) has always been an advocate for cycling, emphasizing its benefits to their tenants’ health, the environment, and the community. As the world marks this year’s International Bike to Work Day, JDC promotes the key benefits of riding bicycles to and from the workplace. 

Here are some benefits of cycling: 
 
Health 
Riding a bicycle regularly can help build and strengthen muscle, eliminate fat, lower blood pressure, and increase endurance. Many studies have proven the effectiveness of this form of workout in improving the overall well-being of individuals, having significant effects on both the physical and mental health of individuals. 
 
Cycling can improve employees’ moods and help them have a positive start in the morning before they clock in for work. In fact, one study showed that employees who bike to work are more inclined to make healthy decisions throughout the day. 
 
Moreover, riding a bike to work can ease feelings of stress, depression, or anxiety, which takes care of one’s mental health. It can also lead to improved cognitive function, better focus, and increased productivity. 
 

  • Businessman on a bike. Business man leaving his work. From back.

Environment 
Cycling to work helps push forward sustainable transport. As an alternative mode of transportation to the workplace, it can lessen the need for cars and vehicles daily that severely contributes to air pollution and emissions of smog. 
 
Opting to use your bicycle a few times a week, instead of your car, is one of the simplest ways to lower your environmental footprint.  
 
RELATED: Cycling to Work: The Benefits of Sustainable Transport 

As more people shift to cycling, the demand for safer bike lanes is also pushed forward. During the height of the pandemic back when there were limited transportation options, cycling advocates in the Philippines have called for fund allocation of at least 16 million dollars from the government to build 190 miles of bike lanes to protect riders. Through this initiative, there will be less demand for roads and expansion, but increased opportunities for less concrete and more green spaces in urban areas. 
 
Community 
Cycling can significantly improve a community through public health and safety. Active transportation such as riding a bicycle can collectively improve public health and lower healthcare costs. More bikes on the road can mean fewer cars which can lead to a safer road environment. 
 
Through its newest premium green building, JEG Tower @ One Acacia, JDC shows its support for a more sustainable option for its employees’ transport. The 22-storey office and retail tower offers bike racks on its parking floors for convenience and efficiency. Shower rooms are also provided for them to freshen up before coming to the workplace. 
 
As part of its commitment to promoting holistic health and sustainability in Philippine real estate, JDC encourages more employers and developers alike to provide more options for their tenants. More than healthier and safer office spaces, JEG Tower @ One Acacia also looks after the community for the overall promotion of sustainable practices in Cebu City. 
 
 
Join the sustainable shift and make your move to the best and greenest workplace in Cebu. Contact Gerold Fernando at (+63) 917-565-3547 to schedule a viewing today! For leasing inquiries and more information, call us at (+63) 2-8403-5519 or send an email to jegtower@kmcmaggroup.com. 

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Why Green Buildings are Office-Rebound Ready

Why Green Buildings are Office-Rebound Read-JEG-2

 
As the majority begin to adapt to the new normal, many companies and organizations are starting to encourage employees to go back to the traditional work setup. One of the most crucial concerns of employees when returning to the office is their safety and health protection as COVID-19 is still present. 
 
Employees have become more aware of the importance of shared spaces and have become more conscious of their well-being while in the office. Lessons from the pandemic and previous lockdowns reinforce the distinct value of green buildings, especially commercial buildings.  

READ MORE: How do green buildings keep off COVID-19?

 
JEG Tower @ One Acacia is Cebu City’s newly launched premium green building. Designed by Casas+ Architects, it is pegged to be the best place to work in the heart of the Visayan capital. 
 
“We have always planned to build a safer, healthier workplace for the Cebuanos, even before the pandemic. Moreso, our decision to go green was only validated by what happened during the last two years,” Marko Sarmiento, Chief Operating Officer of JEG Development Corp. said. 
 
In 2020, the 22-storey premium green building was named Best Green Commercial Development in the Philippines by the PropertyGuru Property Awards. It has also achieved LEED Gold Certification from the US Green Building Council for its sustainable features including solar panels, DOAS elevators, floor to ceiling windows, water recycling facilities, and rooftop garden. 

RELATED: Sustainable Real Estate – Why You Should Work in a Green Building? 
 
”With offices designed to integrate sustainability and sophistication, employees can enjoy green features, such as the use of natural daylight, optimal indoor air quality, and the roof deck garden, that all together provide greater support for employees to their psychosocial needs,” he added. 

Asian office workers wearing face masks working in new normal office and doing social distancing during corona virus covid-19 pandemic

Office Rebound-ready 
 
The last two years highlighted that going green is no longer aspirational, especially for buildings and shared spaces. Return to office plans should include providing a safer and healthier workplace to assure employees that they are protected and taken care of. 
 
“We’re helping companies ease employees back to the office by making sure common areas are adequately sanitized and that the building has optimal indoor air quality, among others,” Sarmiento said. 
 
With sustainable design and innovative technology, JEG Tower @ One Acacia offers commercial spaces that underscore the health and protection of its tenants. Focusing to pivot to the evolving needs of the workplace in the post-lockdown business landscape, JDC believes that intelligent utilization of technology mixed with people-centric spaces is the way to go forward post-pandemic. 

Interested to know more about this rising icon of sustainability? Contact Gerold Fernando at (+63) 917-565-3547 to schedule a viewing today!   

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JEG Development Corporation Launches JEG Tower @ One Acacia, the First Premium Green and Future Ready Building in Cebu City

CEBU CITY, Philippines, April 21, 2022 – Cebu-based real estate developer JEG Development Corporation (JDC) has finally launched JEG Tower @ One Acacia, the pioneer green, LEED Gold certified 22-storey office and retail high-rise development in Cebu City. JEG Tower @ One Acacia is JDC’s first venture into high-rise buildings. 

JDC has always envisioned JEG Tower @ One Acacia to be a frontrunner in redefining the property industry in the Philippines by uplifting the lives and communities of Cebuanos, with a heightened priority on sustainability, holistic health, and employee well-being. 

“JEG Tower @ One Acacia is characterized by its energy-efficient features, reduced water usage, and efficient waste management. It is set to become Cebu’s first commercial development to use solar energy, as we have entered into a 20-year power purchase agreement with COREnergy for a zero cash-out solar photovoltaic plant,” said Marko Sarmiento, JDC’s Chief Operating Officer. 

Beyond showcasing a seamless fusion of sustainability and sophistication, JEG Tower @ One Acacia ultimately aims to revolutionize work-life balance, putting a premium on the welfare of tenants, employees, and the people of Cebu. 

As businesses are more open to going back to the office, JDC has focused on addressing the evolving needs of the workplace, especially in the post-lockdown work landscape where hybrid work arrangements are considered the “new normal.”  

“JEG Tower @ One Acacia is committed to providing the best workplace that addresses the physiological, mental, and social needs of its employees and occupants. We continuously invest in the quality of the work environment, as well as the health and well-being of our tenants, in a bid to help our tenants achieve increased productivity,” said Sarmiento. 

With offices designed to integrate sustainability and sophistication, employees can enjoy green features, such as the use of natural daylight, optimal indoor air quality, and the roof deck garden, that all together provide greater support for employees to their psychosocial needs.  

JEG Tower @ One Acacia features a green roof that can help reduce stress and encourage socialization, positively impacting the wellness of employees. These spaces will allow for relaxing midday breaks and can be a venue for wellness activities or social gatherings. 

The roof deck’s endemic flora can also help bolster humidity levels to the 30%–60% range required for human health. The biophilic design of workspaces inside green buildings incorporates ecological aspects that minimize stress levels, reduce mental fatigue, and elevate moods. 

JEG TOWER

“We’ve integrated intelligent technology into the building, utilizing thermal scanners, and automatic sliding doors have been installed in the main entrance. In place of manual contact tracing efforts, employees will use the free-standing scanners by the main entry point, while guests must get their temperature through a tabletop scanner available in the reception area,” explained Ayla Gomez, JDC’s Brand Manager. 

Understanding the risk of infection in common areas, JEG Tower @ One Acacia added anti-bacterial fixtures and above standards filtration to minimize risks. MERV filtration has been installed to complement its energy-efficient heat, ventilation, and air conditioning system to improve indoor air quality and sanitation.  

“Another unique sustainability feature that makes JEG Tower @ Acacia stand out is its Mitsubishi Destination-Oriented Allocation System (DOAS) elevators. DOAS elevators are developed to ensure strategic and safe movement within the vertical development, with innovative technology designed to utilize less energy consumption,” Sarmiento asserted.  

With these eco-friendly features, JEG Tower @ Acacia earned a LEED Gold Certification from the US Green Building Council in 2021. The development was awarded 68 points, making it the highest-scoring LEED for Core and Shell project in Cebu.  

Moreover, JEG Tower @ One Acacia also celebrates its Cebuano roots by showcasing the skills and expertise of homegrown businesses and industries–turning the space into a portfolio of Cebuano talents and heritage. 

“We aim to support local players in the industry, which is why we have collaborated with local suppliers, consultants, and vendors in completing construction,” said Gomez. 

“With this new development, we want to inspire other developers here in Cebu City to take the first steps in offering green, high-quality, and future-proof spaces that make people feel valued and protected,” added Sarmiento. 

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Why Cebu is an attractive location for multinational locators

As the world recovers from the economic impacts of the pandemic and lockdowns, Cebu remains to be an attractive business location especially for multinational locators.  
 
In its latest property report, KMC noted that commercial rents in Metro Cebu are beginning to stabilize and gradually improve as the sector transitions to the new normal. With a diversified real estate portfolio, impressive infrastructure, and ease of transport and access, local and foreign companies consider Cebu as its location for expansion. 
 
Diversified Real Estate Portfolio 
 
Metro Cebu’s main business districts, Cebu Business Park and Cebu IT Park are home to around 81,000 sq m of Grade A office spaces. Over the years, commercial developments have framed the Cebu City skyline, offering premium spaces for local and foreign business entities that want to relocate or expand outside Metro Manila and Luzon. 
 
Among the newest premium green buildings to launch this year in Cebu City is JEG Tower @ One Acacia. This 22-storey development was recognized as the country’s Best Commercial Green Building in 2020 and is a certified LEED Gold.

Impressive Infrastructure 
 
The Cebu-Cordova Link Expressway (CCLEX) is expected to bring more economic growth and assist in the pandemic recovery of Cebu City and its neighboring areas as the local government anticipates its completion during the first quarter of 2022. 
 
The 8.9-kilometer infrastructure project offers an alternative route for those coming from the Mactan-Cebu International Airport. It is the country’s largest water-crossing infrastructure, built with a navigational clearance to allow larger vessels to safely cross underneath the bridge. 

Business leaders in Central Visayas have also expressed their optimism over the socio-economic benefits of CCLEX to the province and the whole region once it starts operating this year. Both local business leaders and multinational locators say the economic benefits that will enable Cebu to bounce back economically and start have ripple effects that will be felt across the Visayas. 
 
READ MORE: CCLEX to aid economic recovery in Cebu in 1Q/2022 

 
Ease of Transport & Access 
 
The Mactan-Cebu International Airport is the main entry and exit point in Cebu City. This development is also the second busiest international airport in the Philippines that serves the majority of Metro Cebu and the Central Visayas region. 
 
Its international terminal, Terminal 2, started operations in 2018 and has significantly increased the capacity of the airport to 12.5 million passengers per year. In 2019, the new design of this terminal won an award under the “Completed Buildings – Transport” at the World Architecture Festival. 
 
Interested in expanding to the Visayas? Locate in the best place to work in Cebu City. Get in touch with Gerold Fernando at (+63) 917-565-3547 or send an email to jeg@kmcmaggroup.com for more details.  
 
Discover how JEG Tower @ One Acacia revolutionizes work and life balance today. 

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How does JEG Tower @ One Acacia contribute to water conservation

Amid the celebration for World Water Day, several buildings are moving toward the development of greener and more sustainable buildings. In the Philippines, the shift to these kinds of premium real estate have proven to be more advantageous especially with the ongoing COVID-19 pandemic and the eventual return to office. 

Beyond mere structures, sustainable architecture now taps into minimizing the negative impact of buildings on the economy and environment. According to reports, this is accomplished through efficiency and moderation in the use of materials, energy, water, development space, and ecosystem as whole. 

This is the vision heralded in the recently completed JEG Tower @ One Acacia in Cebu. Apart from being at the forefront of renewable energy through solar panel installation, water efficiency and conservation is at the heart of the premium, award-winning green development. 

The LEED Gold-certified tower has a rainwater collection system that increases the efficiency of water use in the building. In the data provided by the Innovative Water Solutions, rainwater system in buildings also reduce utilities costs and allocate treated water for more important use. It can also serve as a great backup water supply in emergency situations. 

US Green Technology also reported that it is easy to maintain, can help with rainwater roof runoff and reduces groundwater contamination. It also has its many uses including being a source of irrigation for pocket gardens and other flora & fauna in the green building. JEG Tower @ One Acacia is one of the few buildings in the Philippines that transformed their topmost floor into a green roof that provides ample spaces to unwind or get a breath of fresh air.  

Other utilization for the rainwater collection system is to use it in the common bathrooms. JEG Tower uses recycled water in flushing toilets to lessen costs further as it is considered one of the top users of water in any building or the average household.  

As water security in the Philippines become a more vital issue, real estate is one of the sectors that are eyed to be at the forefront of the sustainability shift. Workplaces become more ideal if they promote environmental conservation, feature top-grade amenities, and green features that offer healthier spaces to locators and tenants.  

Locate your business in Cebu City’s newest premium green building. Contact Alexa Abella at (+63) 917-565-3547. For leasing inquiries and more information, send an email to jegtower@kmcmaggroup.com. 
 

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The Ideal Millennial Workplace

The-Ideal-Millennial-Workplace

In 2022, nearly half of the global labor force will be Millennials, or those born between 1981 to 1996. In the Philippines alone, 41.1% of more than 66 million workers were identified as part of the millennial generation.

As the millennials start to dominate the landscape, businesses should also adapt their workplace to a space that suits their distinct personality and preferences. Many studies found that more than salary or climbing the corporate ladder, these young workers put higher regard to their work environment and company culture. Office spaces in Cebu City are also modifying the workplace to accommodate this younger batch of potential employees. 
 
Here are five workplace design principles that will help you attract and retain a Millennial workforce: 

Work Flexibility 

Especially in the new normal, millennials enjoy the flexibility that allows better work-life balance and integration. Companies that offer flexible work arrangements are more likely to attract and retain this labor demographic as millennials feel that they should be able to work anytime, from anywhere. 
 
Collaborative Design 

In a study, 51% of millennials prefer to work in groups in person. Despite a hybrid work setup, many still want to work in an office to socialize and collaborate with their workmates.  
 
Workplace Well-being 

Compared to the previous generations, millennials put a higher premium on their health and wellness, even in the office. Companies that are also prioritizing the physical and mental well-being of their employees are also more ideal and would be more likely to retain millennials.  
 
The World Health Organization (WHO) has recently published a document defining what a healthy workplace should be, post-pandemic. A healthy work environment is a balance of occupational health and safety, as well as health promotion efforts and initiatives.

RELATED: What is a ‘Healthy Workplace’? 

Top-grade Smart Technology 

More than being a ‘tech-savvy’ generation, smart and contactless technology in the office is an important consideration for millennials going to the office in the new normal. Smart offices are workspaces that utilize automated processes to enhance building operations, from ventilation, lighting, and security. All of these will be the standard in eliminating and reducing risks after the recent pandemic and other health threats. 

Sustainability 

A study in 2021 found that Millennials and Generation Z are more sustainability orientated, even if it is about work and employment. Healthy workspaces such as those that follow a biophilic design or offices located in LEED-certified buildings are also more appealing to millennials since these developments were designed and constructed through sustainable methods. 
 
RELATED: Future-proofing your Office with Sustainability 

Premium green buildings and LEED-certified developments in the Philippines are the ideal office for millennials. In Cebu City, JEG Tower @ One Acacia stands out as one of the most ideal workplaces for its top-grade amenities and sustainable features. Named as 2020’s Best Green Commercial Development in the Philippines, the 22-storey office tower offer healthy spaces to tenants and occupiers.  
 
Locate your business in Cebu City’s newest premium green building. Contact Gerold Fernando at (+63) 917-565-3547. For leasing inquiries and more information, send an email to jegtower@kmcmaggroup.com. 
 

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Foreign investment picks up as Cebu City remains under Alert Level 2

 
Cebu City’s economic recovery is expected to pick up and accelerate as the metropolitan remains under Alert Level 2. 
 
In the latest resolution by the Inter-Agency Task force for the Management of Emerging Infectious Diseases (IATF-MEID), the whole island province of Cebu shall be placed under the second most lenient lockdown classification until March 15. In February, the Department of Health recorded fewer active cases and a positivity rate falling to only 5%, with a daily average of 3.64%. 
 
This is timely as more multinational investors express interest in locating in the economic stronghold of the Visayas. In a statement by the Cebu Chamber of Commerce and Industry (CCCI), demand for business in the province is steadily increasing as many foreign investors inquire about face-to-face meetings. 
 
“These foreign and economic attaches see Cebu as an island that they will never ever forget. Businesses from their country put Cebu in their bucket list for investments,” CCCI president Felix Taguiam said. 

He also noted that the chamber is hopeful that more investments will pour into Cebu as the province recovers from the pandemic and rebuilds after Typhoon Odette. “I can see activities, moving, trading, and everybody is smiling,” he also shared.  
 
Cebu is also looking forward to the completion and inauguration of the the Cebu-Cordova Link Expressway (CCLEX). This 8.9-kilometer infrastructure project offers an alternative route to Mactan-Cebu International Airport to the world-class resorts, beaches, and expansion opportunities in the economic capital of the Visayas. It is the country’s largest water-crossing infrastructure, built with a navigational clearance to allow larger vessels to safely cross underneath the bridge. 
 
RELATED:  CCLEX to aid economic recovery in Cebu in 1Q/2022 

More Office Options 
 
In the latest property report by KMC, many commercial and retail options will become available in Cebu City’s main business submarkets. As construction projects get completed, more office buildings, including JEG Tower @ One Acacia, will become available within this year. Cebu City’s commercial real estate portfolio has exponentially expanded over the years as more multinational companies expand operations and footprint outside Luzon and Metro Manila. 
 
Looking for the best office to locate your business in Cebu City? Reach out to Gerold Fernando at (+63) 917-565-3547 or email to jegtower@kmcmaggroup.com today! to locate your business in Cebu City’s.