Araneta Group taps JLL as Strategic Real Estate Advisor
Jorge Araneta, Chairman and President of the Araneta Group (right), seals the company's latest strategic mandate with a handshake with Joey Radovan, Country Head of JLL Philippines (left)
The Araneta Group, renowned for pioneering and establishing ground-breaking 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.
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.
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.
