LIMA Tower One Achieves the 2nd Largest Office Space Take-up in Q3 with Conduent’s Lease
Press Release
November 18, 2024
LIMA Tower One, Batangas' first premium office building, has reached a remarkable milestone, securing the second-largest office space take-up nationwide for the third quarter of 2024. According to the CBRE Q3 2024 Market Report, Conduent Incorporated, a global leader in business process services, has leased 9,000 square meters of office space, cementing LIMA Tower One’s role as a hub for IT-BPM operations in Southern Luzon.
Conduent, known for its expertise in customer experience management, healthcare claims processing, and digital business solutions, serves diverse industries including automotive, banking, and public sector services. Its decision to expand operations at LIMA Tower One highlights Batangas’ rising prominence as a premier business location outside Metro Manila. This lease represents 24% of all provincial office take-ups for Q3 2024, showcasing the growing preference for high-quality office spaces in well-connected provincial locations.
The CBRE report underscores Batangas' emergence as a key player in the decentralization of the IT-BPM industry. Southern Luzon’s strategic location, robust infrastructure, and competitive workforce have positioned it as a prime destination for industry growth. As the country’s IT-BPM sector anticipates generating 1 million new jobs by 2028, Batangas is expected to capture a significant share of this demand, further driving the region's economic progress.
A Vision for Sustainable Growth
LIMA Tower One is part of the Biz Hub at LIMA Estate, a unique mixed-use development that integrates industrial, commercial, and lifestyle components. This innovative approach reflects Aboitiz InfraCapital Economic Estates’ commitment to building sustainable, integrated ecosystems that go beyond being business addresses. Featuring lifestyle amenities such as The Outlets at Lipa, LIMA Exchange, residential communities, and the Aboitiz Pitch, LIMA Estate offers a vibrant environment that fosters productivity and quality of life.
LIMA Tower One is part of the Biz Hub at LIMA Estate, a unique mixed-use development that integrates industrial, commercial, and lifestyle components. Featuring lifestyle amenities such as The Outlets at Lipa, LIMA Exchange, residential communities, and the Aboitiz Pitch, LIMA Estate offers a vibrant environment that fosters productivity and quality of life.
As LIMA Tower One nears full occupancy, Aboitiz InfraCapital is already laying the groundwork for LIMA Tower Two, designed to meet the sustained demand for premium office spaces. This upcoming development will prioritize wellness and sustainability, aligning with Aboitiz InfraCapital’s holistic vision for modern business hubs.
A Growing Community of Global Players
LIMA Estate’s appeal has already drawn major industry players, including Accenture, which recently chose Biz Hub for its first satellite office in Batangas. Scheduled to launch by Q4 2024, this innovative workspace will serve as a hub for IT-BPM operations, further reinforcing Batangas’ position as a key location for global businesses.
The strong demand for office spaces within LIMA Tower One and the anticipated launch of LIMA Tower Two reflect the broader momentum in Batangas’ transformation into a premier business destination. These advancements not only attract high-value industries but also contribute to job creation, economic development, and the region's overall progress.
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Aboitiz executives must take a long-term view and further champion innovative strategies to succeed amid and beyond...
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Globe partners with Aboitiz InfraCapital to provid...
December 23, 2020
Globe Telecom and Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, join forces in accelerating t...
Read More Globe partners with Aboitiz InfraCapital to provide affordable internet in key urban VisMin citiesPress Release
LIMA Estate poised to be Calabarzon’s next leadi...
December 9, 2020
The Aboitiz Group’s Lima Land, Inc. will expand LIMA Estate in Batangas in response to the increasing demand for indu...
Read More LIMA Estate poised to be Calabarzon’s next leading economic center with new expansionPress Release
Strict COVID-19 guidelines and open format make Ch...
December 4, 2020
To enjoy shopping and dining with peace of mind this Christmas season, one can go to places that are masterfully designe...
Read More Strict COVID-19 guidelines and open format make Christmas shopping safer at ‘The Outlets’ at Lipa and Pueblo VerdePress Release
Aboitiz businesses optimistic of sustained strateg...
November 4, 2020
Amid the ongoing challenges posed by the Coronavirus Disease 2019 (COVID-19) pandemic, the various business units of the...
Read More Aboitiz businesses optimistic of sustained strategic growth amid pandemic challengesPress Release
Aboitiz unveils expansion plans for West Cebu Indu...
November 3, 2020
New development expected to generate 5,000 new jobs by end of 2022 Cebu Industrial Park Developers, Inc. (CIPDI)—a joi...
Read More Aboitiz unveils expansion plans for West Cebu Industrial ParkPress Release
Globe, Dito partner with Aboitiz InfraCapital for ...
October 30, 2020
Telecommunications companies Globe Telecom, Inc. and Dito Telecommunity Corporation have partnered with Aboitiz InfraCap...
Read More Globe, Dito partner with Aboitiz InfraCapital for small cells deploymentPress Release
Aboitiz InfraCapital ready to deploy small cell ne...
October 7, 2020
Aboitiz Group’s infrastructure arm Aboitiz InfraCapital, Inc. is venturing into the small cells business to supplement...
Read More Aboitiz InfraCapital ready to deploy small cell network in key cities to boost connectivityPress Release
Lima Water ensures adequate, clean water supply am...
September 18, 2020
Aboitiz InfraCapital’s wholly owned subsidiary Lima Water Corporation (LWC) assured it will continuously provide adequ...
Read More Lima Water ensures adequate, clean water supply amid pandemicPress Release
Lima Water laboratory gets DENR accreditation
July 30, 2020
The laboratory services unit of Lima Water Corporation (LWC) was recently accredited as an environmental testing laborat...
Read More Lima Water laboratory gets DENR accreditationPress Release
Apo Agua ramps up construction for bulk water proj...
July 21, 2020
In line with its commitment to fast track the delivery of safe and sustainable water to Davaoeños, Apo Agua Infrastruct...
Read More Apo Agua ramps up construction for bulk water project in Davao, requires 3,000 more workersPress Release
Aboitiz underscores long-term sustainability goals...
July 20, 2020
The Aboitiz Group reaffirms its commitment to operate its businesses with a sustainability mindset that upholds best pra...
Read More Aboitiz underscores long-term sustainability goalsPress Release
Lima Water extends support in Batangas to help fig...
June 8, 2020
Lima Water Corporation, the exclusive water and wastewater services provider of Lima Technology Center in Batangas, has ...
Read More Lima Water extends support in Batangas to help fight COVID-19Press Release
Aboitiz supports BBB anew; heeds call for private ...
May 13, 2020
Aboitiz Group infrastructure unit Aboitiz InfraCapital Inc. welcomes the government’s renewed commitment to pursue key...
Read More Aboitiz supports BBB anew; heeds call for private sector role in post-ECQ recoveryPress Release
Aboitiz taps Ireland-based daa International for r...
March 27, 2019
Aboitiz infrastructure business unit Aboitiz InfraCapital, Inc. has teamed up with Irish airport operations company daa ...
Read More Aboitiz taps Ireland-based daa International for regional airport bidsPress Release
CAAP grants Aboitiz ‘original proponent status...
March 4, 2019
Aboitiz InfraCapital, Inc. (AIC), the infrastructure business unit of the Aboitiz Group, was granted Original Proponent ...
Read More CAAP grants Aboitiz ‘original proponent status’ for Laguindingan AirportPress Release
Aboitiz InfraCapital, DICT sign MOU for telecommun...
February 8, 2019
Aboitiz InfraCapital, the infrastructure business unit of the Aboitiz Group, is seeking to build, operate, and maintain ...
Read More Aboitiz InfraCapital, DICT sign MOU for telecommunications common towerPress Release
Aboitiz debuts water business at the 2019 IWA conf...
January 22, 2019
Aboitiz InfraCapital, Inc., the fifth leg and newest business venture of the Aboitiz Group, is optimistic on the opportu...
Read More Aboitiz debuts water business at the 2019 IWA conferencePress Release
Aboitiz bullish on regional airport projects
January 8, 2019
Aboitiz InfraCapital, Inc. (AIC), the Aboitiz infrastructure unit, is optimistic that its regional airport projects will...
Read More Aboitiz bullish on regional airport projectsPress Release
Apo Agua holds bulk water supply project construct...
November 26, 2018
Apo Agua Infrastructura, Inc. (Apo Agua), a joint venture company between Aboitiz Equity Ventures, Inc. (AEV) and J.V. A...
Read More Apo Agua holds bulk water supply project construction kick-offPress Release
Aboitiz secures ‘original proponent status’ fo...
September 28, 2018
Aboitiz InfraCapital, Inc. (AIC), the infrastructure business unit of the Aboitiz Group, has been granted “Original Pr...
Read More Aboitiz secures ‘original proponent status’ for new Bohol AirportPress Release
Aboitiz InfraCapital submits unsolicited proposal ...
March 7, 2018
Aboitiz InfraCapital, the infrastructure business unit of the Aboitiz Group, submitted today an unsolicited proposal to ...
Read More Aboitiz InfraCapital submits unsolicited proposal to modernize four regional airportsPress Release
‘Superconsortium’ eyes NAIA transformation int...
February 13, 2018
Share on Facebook Share on Twitter Share on Google+ Share on Linkedin Share on Pinterest Following the submission of its...
Read More ‘Superconsortium’ eyes NAIA transformation into a regional hubPress Release
Aboitiz InfraCapital consolidates water investment...
August 3, 2017
The Aboitiz Group has consolidated all its water investments under its infrastructure unit Aboitiz InfraCapital, Inc., (...
Read More Aboitiz InfraCapital consolidates water investments