Robinsons Offices leads Q2 office leasing on The Jewel deal

September 15, 2026
10:41AM PHT

Robinsons Offices led Philippine developers in office transaction volume in the second quarter of 2026, driven by a 33,400-square-meter pre-leasing commitment at The Jewel in Mandaluyong City.

The office development and leasing arm of Robinsons Land recorded 38,000 sqm of transactions during the quarter, according to CBRE Philippines’ Q2 2026 Market Monitor.

The 33,400-sqm commitment at Asscher, one of The Jewel’s four planned office towers, was the country’s largest individual office transaction during the quarter, CBRE said.

Artist’s perspective. Asscher at The Jewel’s ATMP Towers recorded the largest office pre-leasing transaction in the second quarter of 2026 at 33,400 square meters, according to CBRE Philippines. ​| Contributed ​photo

Back-to-back lead

The latest performance marked the second straight year that Robinsons Offices topped developers in CBRE’s second-quarter leasing report.

In the second quarter of 2025, the company closed nearly 50,000 sqm in new transactions. GBF Center 2 accounted for 27,100 sqm and was the country’s top-performing office tower during that period.

The latest transaction comes as companies become increasingly selective about office locations. CBRE said demand has been concentrating in Metro Manila, with occupiers favoring newer buildings and developments of major property companies.

Robinsons Offices business unit general manager and senior vice president Jericho P. Go said the Asscher transaction showed that companies continued to seek well-located and technologically equipped workplaces despite a softer office market.

“The scale of the Asscher transaction shows how thoughtfully designed, well-located, technologically equipped, and environmentally friendly workplaces can still attract substantial requirements in a soft market,” Go said.

Central location

The Jewel is being developed at the corner of EDSA and Pioneer Street in Mandaluyong, providing access to the Makati, Bonifacio Global City and Ortigas business districts as well as San Juan, Quezon City and Manila.

Robinsons Land Corp. senior vice president and Robinsons Offices general manager Jericho P. Go. Robinsons Offices led the country’s office market in transaction volume in the second quarter of 2026, according to CBRE Philippines. | Contributed photo

The development will comprise four office buildings — Asscher, Trilliant, Marquise and Peruzzi — collectively called the ATMP Towers, along with an upscale mall.

The mall and first two towers are targeted for completion by 2028, while the remaining two towers are scheduled for completion by 2030, subject to market conditions.

The development will feature smart elevators with a destination control system, 4.2-meter floor-to-floor heights and 12-meter-high office lobbies. A proposed link bridge to the MRT-3 Boni Station is also intended to improve pedestrian access for employees and commuters.

Sustainability features

The Jewel will incorporate rainwater collection, energy-efficient air-conditioning systems, double-glazed curtain walls and electric-vehicle charging stations.

Open spaces and flexible areas for meetings and collaboration are also planned as companies adjust their workplaces to changing employee and business requirements.

Beyond The Jewel, Robinsons Offices operates PEZA-registered and green-certified developments across Metro Manila and key regional centers.

Its properties cater to companies in IT-BPM, financial services, technology and shared services, among other industries. —Ed: Corrie S. Narisma

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