Megaworld leases out 250,000 sqm of office space in first 9 months

MEGAWORLD — Property giant Megaworld said it leased out almost 250,000 square meters of office space in the first 9 months of 2026.

In a statement, Megaworld said 150,000 sqm of these came from tenant renewals. Around 76 percent of renewals–or 113,000 sqm–came from Metro Manila tenants. Meanwhile, the remaining 24 percent, or 37,000 sqm, came from provincial tenants.

The remaining 100,000 sqm of leases, meanwhile, came from new tenants. About 63,000 sqm were leased in Metro Manila, while the remaining 37,000 sqm were leased in provincial locations.

Most of the provincial leases came from Pampanga, Laguna, Iloilo City, Bacolod City, and Lapu-Lapu City, Cebu.

Megaworld said the strong pace of new leases and renewals shows continued demand for strategically
located, high-quality office spaces.

“Our office portfolio combines globally competitive workspaces
with access to talent, infrastructure, and integrated business ecosystems that support
companies’ long-term growth,” said Megaworld Global Offices head Francis Roxas. 

“As global companies continue to reassess their workplace strategies and expand their presence across key markets, we see opportunities to position the Philippines as a strategic destination for their operations,” he noted.

Megaworld has more than 1.7 million square meters of gross leasable office space nationwide. Its clients include JPMorgan Chase, Coca-Cola, Google,
Wells Fargo, Abbott Laboratories, Colgate-Palmolive, Samsung, Bayer, Reckitt
Mead Johnson, and Accenture.