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Wednesday, September 22, 2010

Stock News 2010: Eton to put up another BPO building in QC

Timmy Tan with father Lucio Tan and Deng Pufan...Image via Wikipedia
MANILA, Philippines - Eton Properties Philippines Inc. will start the construction of another office building in Quezon City in October to cater to strong market demand.

Danilo Ignacio, president and chief operating officer of the Lucio Tan-led property developer, said the 12-storey project within Eton Centris will have 18,000 square meters of leasable space. It will be completed by the fourth quarter of 2011.

"We have a very strong BPO (business process outsourcing) market this year," said Ignacio.

"Our existing tenants have expressed interest to expand in the new building," he added.

Eton currently has two office buildings, one in Eton Centris and another in Eton Cyberpod Corinthian in Ortigas, which are already leased out.


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