Bonifacio Global City

KMC MAG GROUP fort bonifacio banner

BGC, Taguig, Metro Manila

Bonifacio Global City (BGC) is one of the premier business districts in the country today, along with Makati and Ortigas. KMC offers a wide variety of commercial office spaces for rent in BGC,  Taguig, Metro Manila, including private offices inside service office spaces and coworking space in flexible office spaces.  

Bonifacio Global City is a prime location for work and leisure because of the city's many landmarks. From a work-focused perspective, there are numerous Class A, PEZA-accredited buildings such as Sun Life Centre, Cyber Sigma, SM Aura Office Tower, and  Picadilly Star that offer companies numerousprivate offices and coworking spaceoptions. BGC also houses many of the Philippines'  economic drivers, such as the Philippine Stock Exchange and the main offices of various banks such as RCBC Savings Corporate Center,  Pru Life, Citibank, Maybank, and  Eastwest.  

BGC is also a major entertainment district, with many facilities and attractions geared towards providing a leisurely experience. Multiple shopping districts such as Bonifacio High Street, SM Aura Premier, Uptown Mall, and Market  Market surround the area. Dining establishments also reign supreme in BGC, with restaurants of every cuisine present at every corner for residents, employees and visitors to enjoy.  

KMC Savills offers an extensive inventory ofprivate office spaces and coworking areas within serviced officesthat are fully equipped with the latest in security and business technology for companies that are interested in setting up their business operations in the prime business district.

BGC Office Space Market

The additional supply of 26,000 sq  m from Asian Century Centre and the slower net take-up drove the vacancy rate higher to 5.0% in 4Q/2018 from the 4.5% the previous quarter. Despite the slack in vacancies, rents continued to grow at a healthy pace of 5.0% YoY  resulting to PHP 972.8 per sq m / month on the back of stronger demand from the O&O sector.   

An upswing in vacancies is anticipated  due to the incoming 271,000 sq m of new supply expected to be completed in 2019. Rents are still expected to grow in the coming quarters  despite the incoming supply However, the submarket might risk stagnating  rents given the increasing vacancies.