Property developer Arthaland Corp. has registered with the Securities and Exchange Commission (SEC) its Taguig and Cebu properties under the agency’s rental pool framework known as Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT).
The company looks to consolidate smaller office units from its Cebu Exchange and Savya Financial Center into larger leasable spaces to attract multinational and corporate tenants who typically prefer bigger, contiguous office spaces and a single leasing entity.
Arthaland’s in-house consolidated leasing solutions (CLS) program has already been in place, offering a similar structure. The new SEC registration aligns the CLS initiative under the SEC RENT framework.
The leasing pool includes 166 office units across both properties with a total gross leasable area of 38,692.71 square meters, though some units remain vacant and available for consolidation. Other units—224 in Cebu Exchange and 244 in Savya Financial Center—are either unsold or sold to third-party buyers and are not currently part of the leasing pool.
Cebu Exchange, completed in 2023, is a 38-storey green-certified building in Cebu City with a total area of 108,564 sqm. Savya Financial Center in Arca South, Taguig, features two office towers with a combined GFA of 59,763 sqm, both substantially completed last year.
Under rental pool agreements, unit owners contribute their spaces to a leasing pool managed by the developer or a third-party operator, in return for a share of rental income generated from third-party tenants.
