D.M. Wenceslao and Associates, Inc. (DMW), together with its wholly owned subsidiary Aseana Holdings Inc. (AHI), has secured a major win for its flagship estate after 8912 Asean Ave was officially declared a Philippine Economic Zone Authority (PEZA)-registered Information Technology Special Economic Zone.
With roughly 100,000 square meters of floor area, 8912 Asean Ave is now the largest PEZA-accredited office building in DMW’s portfolio. The milestone significantly boosts Aseana City’s capacity to serve the fast-growing IT-BPM and global services sectors at a time when new PEZA-accredited office supply in Metro Manila remains tight.
The accreditation expands Aseana City’s roster of PEZA-registered buildings—joining Aseana One, Aseana Two, and Aseana Three—and further deepens DMW’s inventory of investment-ready, PEZA-compliant office space. For locators seeking incentives and long-term stability, the addition strengthens Aseana City’s positioning as a reliable business destination.
Strategically located along Asean Avenue, 8912 Asean Ave benefits from direct access to key transport infrastructure, including proximity to NAIA, the Parañaque Integrated Terminal Exchange (PITX), and the LRT-1 Redemptorist–Aseana Station. Tenants also enjoy seamless connectivity to the estate’s retail, lifestyle, and institutional components.
Beyond real estate, the PEZA registration supports broader nation-building goals by attracting investments that generate employment, develop skills, and reinforce the Philippines’ standing as a global hub for technology-enabled services.
“The PEZA accreditation of 8912 Asean Ave underscores the strength of Aseana City as a business destination,” said DMW CEO Delfin Angelo “Buds” Wenceslao, citing the group’s long-term commitment to high-growth industries and quality job creation.
PEZA Director General Tereso Panga echoed the sentiment, noting that the continued partnership with Aseana Holdings is helping create quality jobs for Filipinos while strengthening the country’s IT sector.
