AAP To Open New Building In QC

Philippine Daily Inquirer 12-05-2014

The Automobile Association of the Philippines (AAP) will soon be opening its very own AAP Tower, a 10,200­sq.m mixed-use development located on Aurora Boulevard, QC.

The new tower will house the staff of AAP Lakbay arid AAP Lingkod and will also be offered for lease to BPOs, multinationals, and other office and retail locators.

A milestone for AAP

Since its founding in 1931, AAP has often only leased its offices, from its first old Manila Hotel office to its current headquarters at 28 EDSA, Greenhills, San Juan and extension offices in Alabang, Makati, Lipa, San Fernando, Pampanga, Cebu, and Davao.

"We are very excited about this project. The rise of the AAP Tower is a very important milestone for our organization," says President Gus Lagman, "This is not only because we are lauching a bigger and better facility, but more so because it allows the AAP greater room for growth, making us more effective in implementing programs and ultimately, closer to attaining all our goals."

Set to be completed by March 2015, the 10­story building will have seven office floors with a floorplate of 591 sq. m. integrated with three levels of flexible retail space from kiosks that occupy only 6.5 to 9.5 sq. m. to stores that require up to 170 sq. m. of space.

AAP Tower is built to oater to the requirements of BPO locators. Strategically located in New Manila, right next to the Gilmore LRT station and a few minutes drive away from EDSA and Greenhills, the tower has 100% back­up power, energy efficient floor plates, and will be fully operational 24 hours a day, 7 days a week. Currently, the building is processing its PEZA registration to allow future tenants to enjoy the tax holidays and incentives granted by PEZA.

KMC MAG Group AAP's sole leasing agent

Recently, AAP has named real estate firm KMC MAG Group, Savills' associate in the Philippines as the exclusive leasing agency for the tower.

"This is a very promising opportunity for both AAP and KMC." said Yves, Luethi, KMC MAG VP and AAP project head.

According to Mr. Luethi, AAP Tower's location is definitely an advantage, as it provides easy access to the major roads, the LRT, and other forms of transportation.

"We see AAP Tower as the future location of choice for office and retail locators within the Gilmore area given its modern facilities and proximity to Quezon City, San Juan, and Marikina's massive and talented labor force."

Mr. Luethi adds, "AAP Tower's retail space is also very promising, as it is expected to receive strong foot traffic from its future tenants and from nearby schools and residential developments".

For office and retail leasing inquiries, call KMC MAG Group via 500 97 17, 0917 566 50 75. or inquire via e­mail at aaptower@kmcmaggroup.com. For more information, visit the website at kmcmaggroup.com/aaptower.