JLL Philippines tapped as Strategic Real Estate Advisor of Araneta Group
The Araneta Group formally engaged JLL Philippines as strategic real estate advisor for Araneta City’s current and future development plans
PHILIPPINES, 5 October 2022 – The Araneta Group, renowned for pioneering and establishing groundbreaking retail, food service, entertainment, and hospitality developments, has partnered with and engaged JLL Philippines as its strategic real estate advisor for its 35-hectare property located at the heart of Quezon City, Metro Manila.
(In the photo from left to right: Antonio Mardo – Senior Vice President for Operations, Araneta Group; Joey Radovan - Country Head, JLL Philippines; Jorge Araneta - CEO, Chairman & President, Araneta Group; Chris Fossick – CEO, Southeast Asia, JLL; Rowell Recinto – Senior Management Consultant, Araneta Group and Lorna Fabian – Vice President for Leasing, Araneta Group)
JLL Philippines’ services for the City of Firsts will cover exclusive office leasing, strategy and advisory services for space offerings such as the interconnected Araneta City Cyberpark, a cluster of integrated office, retail and dining spaces that is home to numerous large Information Technology & Business Process Outsourcing (IT-BPO) companies.
(In the photo: Joey Radovan - Country Head, JLL Philippines seals their latest strategic mandate with a handshake with Jorge Araneta - CEO, Chairman & President, Araneta Group)
According to JLL’s Country Head, Joey Radovan, “JLL is delighted to partner with the Araneta Group in promoting the benefits of a transit-oriented development that addresses all the needs of corporate occupiers, residents and travelers alike. Being connected and having access to both the LRT and MRT train lines plus its strategic location along EDSA is clearly a distinct advantage for the company’s developments.”
Araneta City is positioned in all fronts as a leisure, entertainment, office, and residential hub in the heart of Metro Manila. It is highly accessible to all work force profiles, with all modes of public transportation supported by a robust retail, entertainment, food and beverage, and hospitality amenities within the bustling City of Firsts.
“Current residents and tenants are very satisfied with the environment we continue to develop and innovate within Araneta City, as evidenced by our continuous development of residential and office towers,” said Lorna Fabian, Vice President for Leasing of the Araneta Group.
Araneta City is an exciting destination and future-ready development! To know more about its office buildings and investment opportunities, get in touch with JLL. Contact us at https://www.jll.com.ph/en/contact-us.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.