Visa doubles down on PH growth with bigger SM Offices hub

Insider Spotlight

• Visa will more than double its office footprint at the SM Mall of Asia Complex
• The payments company is moving from about 4,000 square meters to a 9,000-square-meter facility
• The expanded Visa Philippines Solution Center will bring administrative, financial and technology functions under one roof
  
  
  
  

Visa is significantly expanding its workplace at the SM Mall of Asia Complex, signaling continued growth in its Philippine operations and fresh demand for large-scale premium offices from multinational companies.

The global digital payments company is relocating from about 4,000 square meters at Five E-com Center to a 9,000-square-meter facility at Four E-com Center, more than doubling its footprint within the business district.

Why it matters

The expanded facility houses the Visa Philippines Solution Center and integrates administrative, financial and technology functions under a 24/7 operating model. The bigger space also gives Visa capacity to scale its operations while improving the workplace experience for employees.

SM Offices and Visa formalized the expansion through a lease agreement, according to a company release.

“Today’s workplace plays a far more strategic role in organizational performance. Large companies are increasingly looking for spaces that can bring more of their operations together while giving them the flexibility to grow over time,” SM Offices vice president and business unit head Alexis Ortiga said.

Zoom in

Visa sees its move to Four E-com Center as supporting both its business expansion and its growing workforce, while keeping the company within the established E-com office campus.

“Expanding to Four E-com Center was a natural decision as we continue to grow our business and support our people,” Visa Global Managed Services and Visa Philippines Solution Center site lead Chari Dela Cruz said. “The E-com campus offers a strategic, well-connected location with the accessibility and amenities that make it an ideal environment for our growing team.”

Four E-com Center is a LEED Gold-certified premium office development designed by global architecture firm Arquitectonica. Its three crystalline towers feature an all-glass façade, while a fifth-level open-air sky garden provides an outdoor space for employees and visitors.

The bigger picture

The development sits within the E-com campus, which is directly linked to SM Mall of Asia through an all-weather bridgeway. It is also near Lanson Place, which provides hotel accommodations, serviced residences and meeting and event facilities.

Visa’s expansion adds to signs of sustained multinational demand for Philippine office locations capable of accommodating larger, more integrated operations. —Princess Daisy C. Ominga | Ed: Corrie S. Narisma