Cebu Landmasters grows office portfolio in Cebu Business District with Latitude Corporate Center

December 13, 2021 Migo V. 0 Comments

CLI doubles its GLA YoY with the opening of Latitude Corporate Center

*Latitude Corporate Center is located at the center of Cebu Business Park*

Leading VisMin developer Cebu Landmasters, Inc. (CLI) partners with the Borromeo Brothers Estate Inc. as they recently opened Latitude Corporate Center in Cebu Business District.

The Php 1.2-Billion 4-Star BERDE-certified commercial tower increased CLI’s office GLA to 29,000 sqm from 14,000 sqm year-on-year. This is in line with the listed company’s long-term strategy to build up its GLA to 200,000 sqm allowing its office, retail, and hospitality portfolio to contribute 10% of the company’s growing topline in 3 to 5 years.

Latitude Corporate Center embodies a green building design highlighting eco-features such as LED lighting, high-performance building envelope, operable windows for natural ventilation, rainwater collection system, stub-outs for fresh air provision, material recovery facility, plaza with tree sanctuary, live wall at main lobbies, 60% glass ration, and 20% vegetated green spaces. Its schematic building design follows a unique “stacked building blocks” form to mirror a minimal, elegant and timeless facade.

A joint venture between Cebu Landmasters Inc. (CLI) and Borromeo Brothers Estate Inc, Latitude Tower was awarded with a 4-star CERTIFICATION under the (BERDE) rating system for its prime green building design and eco-friendly features.

“Our economy is now reopening and we see a future turnover for office spaces especially from the IT-BPO sectors. As we expand our office footprint, we also foresee our industry players slowly transition business operations back to normalcy in the coming months as we anticipate post-pandemic recovery,” says CLI chairman and CEO Jose Soberano III.

Latitude Corporate Center is the first project of BL CBP Ventures Inc., a joint venture between Cebu Landmasters Inc. (CLI) and Borromeo Brothers Estate Inc. The development was awarded early this year with a four-star accreditation under the Building for Ecologically Responsive Design Excellence (BERDE) rating system, a testament to its sustainable design tailor-fit to world-class standards.