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Press Release
Aboitiz InfraCapital Economic Estates Reports Strong Demand for LIMA Tower One, Batangas’ First Office Building
October 28, 2024The high demand for LIMA Tower One reflects the larger trend of decentralization in the Philippines’ IT-BPM sector, with Southern Luzon emerging as a prime location for job creation. The country’s IT-BPM industry is expected to generate 1 million new jobs by 2028, and regional hubs like Batangas are positioned to capture a significant portion of this growth. Batangas itself stands out due to its proximity to Metro Manila, a robust 1.3 million-strong workforce, and an essential role within the Luzon Economic Corridor, contributing to CALABARZON’s substantial 21% share of the country’s economic output.
What sets LIMA Tower One and the broader Biz Hub at LIMA Estate apart is its unique mixed-use ecosystem. Aboitiz InfraCapital has seamlessly integrated industrial, commercial, and lifestyle components within the estate, pioneering a holistic approach to development in the Philippines. Beyond being a business address, Biz Hub at LIMA Estate fosters a thriving community, complete with world-class infrastructure, commercial areas like The Outlets at Lipa and LIMA Exchange, and lifestyle amenities, including the Aboitiz Pitch, residential communities, and a range of retail and dining options. This integrated approach underscores Aboitiz InfraCapital’s commitment to building sustainable, vibrant communities that enhance quality of life.
LIMA Tower One prioritizes the safety and security of its occupants by integrating advanced smart technology. Features such as turnstile access, keycard-controlled elevators, and 24/7 CCTV surveillance work together to create a secure environment, ensuring peace of mind for all employees and tenants.
Batangas benefits from its strategic location within the Luzon Economic Corridor, with access to extensive infrastructure and close proximity to major transport networks and supply chains. This makes it a prime choice for industries like manufacturing, logistics, and IT-BPM. With 60% of the IT-BPM industry’s projected 1 million new jobs expected from areas outside Metro Manila, Batangas is positioned to lead Southern Luzon’s business landscape.
The future for LIMA Estate looks even brighter. As LIMA Tower One nears full occupancy, plans for LIMA Tower Two are already in motion to meet the sustained demand for premium office space in Batangas. Additionally, the development of a new interchange near LIMA Estate, off the STAR Tollway, will significantly enhance connectivity, ensuring easy access for locators and visitors alike.
Investors are also taking notice of the long-term potential at LIMA Estate. Strong commercial lot sales within Biz Hub have prompted the release of additional inventory to accommodate sustained interest, reinforcing LIMA Estate’s status as a sought-after location for businesses seeking to establish themselves in a comprehensive, forward-thinking business ecosystem.
Biz Hub at LIMA Estate is Batangas' first master-planned business district, fostering a vibrant community where business and lifestyle seamlessly converge. Spanning 30 hectares and recently expanded by an additional 40 hectares, it offers comprehensive infrastructure support alongside a diverse array of lifestyle amenities for both businesses and residents.
One of the major players in the IT-BPM industry, Accenture, has chosen Biz Hub at LIMA Estate for its satellite office in Batangas, which will feature a soon-to-launch co-working space. This innovation hub is expected to begin operations by Q4 2024. With over 774,000 professionals serving clients in more than 120 countries, Accenture’s presence at LIMA Estate underscores the estate’s appeal as a destination for global businesses. The firm’s focus on digital transformation, operational efficiency, and flexible work arrangements aligns with the sustainable, wellness-driven design of Biz Hub at LIMA Estate, ensuring a workplace that meets the highest standards.
Accenture’s newest satellite office in Batangas, is a 100 square metre co-working space within Biz Hub at LIMA Estate— designed to meet the growing needs of the IT-BPM industry.
As Southern Luzon continues to emerge as a prime business destination, LIMA Tower One offers companies a unique opportunity to be part of Batangas’ premier business address. With nearly half of the office spaces already pre-leased, LIMA Tower One is set to transform the region’s economic landscape and further establish Batangas as a key player in the Philippines’ economic progress.
For leasing inquiries or more information about LIMA Tower One, contact Aboitiz InfraCapital Economic Estates at sales.leasing@aboitiz.com or visit www.aboitizeconomicestates.com.
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