An Icon Reinvented - The Insular Life Building
is a 14-storey office building located in the heart of the Makati
Central Business District. The building is currently undergoing a
complete renovation with all brand new equipment and amenities and
it will be completed in the 2nd Quarter of 2017. "An Icon
Reinvented", the Insular Life Makati Building will offer the
quality of a modern office space whilst maintaining its heritage
and classic design which has made it one of the most recognizable
buildings in the Makati Central Business District.
A unique factor in the marketing of the Insular
Life Makati Building office space is the co-landlord arrangement
which combines the experiences, knowledge and network of both KMC
Savills and Colliers - two of the Philippines' leading real estate
service providers. This co-landlord representation appointment is
the first of its kind in the Philippines creating a new level of
professional competition in Philippine real estate marketing and
could pave the way for changes in the industry.
(L-R: David Young; Managing Director - Colliers
Internatonal, Hector Caunan; Vice President & Head of Real
Property Division - Insular Life, Michael McCullough; Managing
Director - KMC Savills)
Co-Landlord representation brings many unique
advantages. The landlord makes use of two sets of expertise,
experience, and ideas which help with informed decision making.
Combined marketing efforts and contacts help bring in more tenants
and assist with the building developing new
Co-Landlord arrangements are common globally. In
Europe, the USA and other parts of Asia these arrangements are done
frequently. This is a testament to the fact that they indeed work
and show that all parties can benefit from the joint expertise,
decision-making, contacts, and ideas.
The key success factors for Co-Landlord
arrangements are integrity, teamwork, communication, collaboration,
and trust. These are aligned with the core values advocated by
Insular Life as a Corporation which contributes to the continued
success of this powerful alliance.