Filinvest REIT Corp., the listed real estate investment trust of the Filinvest Group, has sealed a lease agreement with Gear Inc., a global business process outsourcing firm headquartered in Singapore.
Gear employs over 6,000 professionals across East, South, and Southeast Asia, North and South America, as well as countries from Europe, Middle East and Africa.
The deal with Filinvest REIT allows Gear to set up a permanent office in the Philippines. Gear will occupy 1,993.10 square meters of premium office space within FILRT’s Filinvest One Building, a Grade A, PEZA-accredited, and EDGE Advanced-certified office facility located in the bustling Northgate Cyberzone. Gear has the option to expand within the same building to accommodate future growth.
Financial details of the transaction weren’t disclosed.
“We are thrilled to welcome Gear Inc. to our Northgate Cyberzone Community,” said FILRT president and CEO Maricel Brion-Lirio. “This lease agreement underscores our commitment to offering world-class office environments that appeal to technology sector companies. We appreciate Gear Inc.’s confidence in FILRT’s ability to effectively support their operational requirements,” she added.
Northgate Cyberzone was designed to cater to expanding businesses like Gear, facilitating a dynamic, collaborative, and sustainable workplace environment for its employees.
“Northgate Cyberzone buildings excel in infrastructure, business continuity, and sustainability,” noted Gear chief operating officer Tan Seow Tien Desmond. “Having visited offices across Asia, FILRT’s buildings stand out for their world-class quality, on par with Singapore standards,” he added.
Gear is renowned for delivering top-tier services to leading global brands, leveraging investments in technology, human capital, and operational excellence. The company remains committed to propelling business growth and innovation.