Major property developers are poised to expand Metro Manila’s Philippine Economic Zone Authority (PEZA)-accredited office supply, with about 280,000 square meters of potential additions projected for 2026–2027, according to property consultancy Colliers.
The pipeline includes projects by SM Prime Holdings, Ayala Land, W Group and the House of Investments–Sojitz joint venture, reflecting continued efforts to accommodate companies seeking tax-incentivized locations for their operations.
At a market briefing, Colliers Head of Office Services – Tenant Representation Kevin Jara said the projected supply covers buildings already proclaimed as economic zones, as well as those undergoing accreditation or proclamation.
“The timing of proclamations will be critical in future site selection,” Jara said, underscoring the importance of regulatory milestones in determining when prospective tenants can commit to eligible sites.
Among the developments expected to be completed in 2026 are The Yuchengco Center in the Makati Fringe, offering 76,200 square meters of gross leasable area, and Bamberton Center in Arca South, with 29,500 square meters.
The 2027 pipeline includes W Sixth in Bonifacio Global City, with 21,700 square meters, and Arca South Corporate Center, whose two towers will provide a combined 32,800 square meters. Six E-com Center in the Bay Area comprises the Pacific and Harbor components, offering 33,300 and 33,100 square meters, respectively.
SM City North EDSA Towers 4 and 5, already identified as PEZA-proclaimed, are also scheduled for completion in 2027, with a combined 86,200 square meters.
Colliers separately identified InnoLand Altaire, One Filinvest and The Podium West Tower among buildings pursuing PEZA accreditation.
Metro Manila currently has 1.46 million square meters of available PEZA-accredited office stock, with another 570,000 square meters undergoing processing, the consultancy reported.
While the pipeline could widen location choices for information technology and business process management firms, projected completions do not guarantee timely approvals. The pace of accreditation and proclamation will remain a key factor in how much new supply becomes available for eligible occupiers.
