Insider Spotlight
The property company is converting portions of the building's ground and mezzanine floors into income-generating retail and wellness spaces, expanding its commercial footprint without undertaking major redevelopment.
Extracting additional value
The initiative highlights PNB Holdings' strategy of extracting additional value from existing real estate assets while adapting to changing consumer preferences and tenant requirements in Makati's central business district.
With approximately 4,780 square meters dedicated to retail and wellness establishments, PNB Makati Center is approaching full occupancy, signaling progress in the company's asset optimization efforts.
Driving tenant growth
Among the newest additions is HungrySans, which recently signed a lease agreement with PNB Holdings to establish its presence at the property.
The café offers specialty coffee, pastries, sandwiches and full meals through an all-day dining concept designed for office professionals and urban consumers.
The ceremonial signing brought together HungrySans vice president for HR and operations Katrina Mari Quevedo, HungrySans president Josemaria Antonio Sanchez, PNB Holdings president Karlu T. Say and chief financial officer Ponciano S. Carreon Jr.
Expanding the retail mix
HungrySans joins existing tenants Maxicare, BeFit, CHAGEE and Bibingka Manila, broadening the property's healthcare, fitness, food and lifestyle offerings.
Additional tenants, including Korean salad chain Salady and convenience store Lawson, are expected to open, reinforcing the company's ambition to develop a vibrant food destination within Makati's business district.
PNB Holdings, incorporated in 1920, owns and manages commercial properties across Metro Manila, particularly in Makati and Pasay. Its portfolio includes PNB Makati Center, PNB Financial Center and the Buendia Property. —Vanessa Hidalgo | Ed: Corrie S. Narisma