Listed property developer Filinvest Land Inc. said Friday it has formed a joint venture with co-working space provider KMC Community Inc. as a major step in catering to the growing demand for co-working space in the country.
The joint venture company, Our Space Solutions Inc., will establish, operate, develop, manage, and maintain flexible workspaces, including offering private serviced office seats and co-working arrangements within commercial buildings across the Philippines.
“Our partnership with KMC, a recognized leader in the co-working industry, allows us to address this growing demand with innovative and adaptable solutions under the Our Space Solutions Inc. brand, and further provides alternate rental solutions to improve occupancy of FLI and FREIT office spaces.” said Tristan Las Marias, president and chief executive officer of FLI.
KMC has extensive experience in designing and managing vibrant co-working communities to the table.
Initial locations in Axis Tower One, a prime office building within Filinvest City’s Northgate Cyberzone, but is looking at opening more co-working spaces in Filinvest Land’s Makati, Quezon City, and Pasig City office properties.
Maricel Brion-Lirio, president and CEO of Filinvest REIT Corp., the company that owns Axis Tower One, said the partnership with OSSI “perfectly complements the dynamic and forward-thinking atmosphere we strive to cultivate within our office buildings.”
