Robinsons Offices is redefining workspaces by building the next generation of sustainable, world-class office buildings.
It offers innovative and efficient business spaces that incorporate technology and sustainability features, making it the preferred address of Business Process Outsourcing (BPO) firms and multinational companies. It is also expanding its geographical presence to create vibrant opportunities in the provinces and other urban areas.
In 2022, Robinsons Offices unveiled its new home at Robinsons Cyberscape Alpha. The bright and modern space was thoughtfully designed to integrate work and play in a seamless environment that inspires creativity, collaboration, and productivity. As a testament to this, it clinched the top accolade for Best Office Interior Design in the 2022 PropertyGuru Philippines Property Awards.
Growing Portfolio
Robinsons Offices completed three (3) new office buildings in 2022, namely Cybergate Bacolod 2 in Robinsons Place Bacolod Complex, Cybergate Galleria Cebu within the mixed-use Robinsons Galleria Cebu Complex, and Cybergate Iloilo Tower 2 within the Robinsons Place Pavia Complex. These assets increased net leasable area by 8% to over 740,000 square meters.
The Company now boasts a portfolio of thirty-one (31) office developments that provide the ideal workplace setting for businesses looking to increase productivity and expand. Its buildings are equipped to support uninterrupted business operations, are accessible to major transportation modes and hubs, and are strategically situated in close proximity to lifestyle centers, residential developments, hotels, and other urban amenities.
Furthermore, Robinsons Offices caters to the dynamic needs of customers through its own brand of flexible workspace solutions, work.able. The homegrown concept offers the right blend of fully-equipped, well-designed, and easy-on-the-pocket co-working spaces and serviced offices. In 2022, three (3) work.able centers opened with a total of 307 seats in Giga Tower and Cyber Omega, bringing the total number of work.able centers to eight (8). In December 2022, Robinsons Offices signed a deal for another build-to-suit work.able center in Cyber Omega. This 350-seater flexible workspace is slated for completion in the first half of 2023.
In the recently concluded 2022 PropertyGuru Philippines Property Awards, work.able in Exxa-Zeta Tower in the Bridgetowne Destination Estate was recognized as Best Co-Working Space.
Strengthening RCR
In line with its unwavering commitment to support and grow its flagship real estate investment trust, RLC infused two income-generating assets – Cybergate Bacolod and Cyberscape Gamma – to RL Commercial REIT, Inc. (RCR) in 2022. RCR acquired Cybergate Bacolod from RLC via cash, while Cyberscape Gamma was infused through an asset-for-share-swap transaction. The tax-free exchange for Cyberscape Gamma, which was valued at Php5,888Mn and equivalent to 777,807,133 primary common shares, increased RLC’s ownership of the REIT from 63.33% at listing date to 66.14% of the enlarged total shares.
On the other hand, RCR grew asset size by 13% to 480,479 sqm, and further expanded its geographical reach to ten (10) key cities from nine (9). Overall, the Company bolstered the strength and stability of its portfolio with the addition of two (2) PEZA-registered properties that are predominantly occupied by BPOs.
RLC remains steadfast in its commitment to support RCR. As of the end December 2022, it still has over 400,000 sqm of office assets that may be infused into the REIT, subject to the latter’s investment criteria. By injecting more office spaces into RCR, RLC aims to maximize the earning potential of its properties.
Future-Proofing the Workplace
In addition, Robinsons Offices continues to promote sustainability by investing in eco-efficient components and implementing building innovations that help minimize environmental impact.
Waste segregation and energy conservation initiatives, such as the use of LED lights and the conversion of air-conditioning units to non-ozone depleting substance (Non-ODS) refrigerant, enable Robinsons Offices to significantly reduce its carbon footprint. In addition, bike racks were installed in select office buildings to encourage employees to contribute to the protection of the environment, while promoting their own health and wellness.
Way Forward
In 2023, Robinsons Offices is introducing a new generation of technologically-equipped, visually dynamic, and environment-friendly workspaces with the much-awaited completion of GBF Center 1 in RLC’s Bridgetowne Destination Estate — an iconic landmark in the making that will set a new standard for sustainable office developments and redefine the city skyline. In addition to this, Robinsons Offices is keen to support the IT-BPM industry in its plans to expand business operations in high-growth areas nationwide.
Driven by its commitment to elevating the customer experience, Robinsons Offices is well-positioned for continued growth and success in the years to come. It will strive to become the country’s preferred office developer, pursuing world-class office developments, digital innovation, sustainable practices, and top-notch customer service.