Ayala Land Offices opens 2nd coworking space in Makati CBD
MANILA, Philippines — With the changing times beginning to unfold before us, flexible workspaces will continue to complement the way we work and conduct businesses.
“2019 will be a defining year for the flexible workspace sector in the Asia Pacific, as it emerges from a period of impressive expansion to enter a new phase of maturity and evolution,” reported global real estate service company Colliers International in its Flexible Workspace Outlook in 2019.
“With tenant experience becoming the cornerstone of a commercial real estate strategy, operators will raise the bar for design and innovative amenities, transforming flexible workspaces into lifestyle destinations in their own right,” the report also shared.
Colliers said that it is clear that the growing number of flexible working spaces in the Asia Pacific should contribute to the vibrancy of the region’s commercial real estate markets throughout 2019, and for years to come.
The global real estate service company noted key trends in the market: amenities to become part of the building fabric, design to scale new heights, products to push the boundaries, and consolidation set to pick up. Ticking all these boxes is Ayala Land Offices’ (ALO) Clock In.
Ayala Land’s office leasing arm first entered the flexible workspace landscape in March 2017 with a Clock In center at the penthouse of the Makati Stock Exchange Building.
“We saw the need for flexible workspaces, and since Ayala Land has the largest inventory of office spaces in the country, we created a product that can address the need for large corporations as well as small to medium-sized enterprises. Clock In fosters innovation, collaboration, and synergies with its spaces. With flexible lease terms, it can cater to the needs of both multinational companies and start-up companies alike. Our breakout areas are ideal spaces for members to collaborate and exchange ideas,” Carol Mills, president of ALO, told The STAR, adding that the coworking seats are available for daily and even hourly use.
Clock In also has monthly events called After Hours, where notable speakers share their expertise on various topics from business talks to personal interests.
In three years, Clock In has successfully opened eight centers in major business districts in Makati City, Quezon City, Bonifacio Global City, Pasig City, Alabang, as well as budding locations outside the metro, such as in El Nido, Palawan.
Recently, it opened its second hub in Makati, on the third floor of The Shops at Ayala North Exchange. It is the biggest center yet suitably set at the heart of Makati Central Business District (CBD) and key gateways, Ayala and Sen. Gil Puyat Avenues. It is also connected by an elevated walkway to Ayala Center and the rest of Makati CBD.
“Everybody wants to be in the center of everything. Most people want to work close to where they live. Here in Clock In Ayala North Exchange, our center is located within a mall where we have restaurants and more. There are also residential areas nearby. It is also important to have access to everything that you need. Makati CBD is a walkable city so you’ll avoid being stuck in traffic. This can translate to having more time for quality work, and more importantly, have more time to be with your family or friends,” Lala Comia, general manager of Clock In, said about the newest location.
Its strategic location widely opens Clock In Ayala North Exchange’s doors to various end-users—from students, freelancers and creatives to start-up entrepreneurs and multinational corporations.
“Our tenants are a mix of individuals, small and big companies, and we love the fact that they are forming synergies and partnerships with each other. What they like is that they can interact with different business groups and get fresh perspectives. This is something we aim to foster in all our centers,” Comia said.
Following the lead of its other well-engineered centers, it runs a streamlined pop art design to boost and balance comfort, productivity and collaboration among workers.
Backed by innovative architecture, the 1,515-square-meter space has private office suites, coworking spaces conducive to any working style, reliable virtual office plans, fully-equipped meeting rooms, breakout areas, and an event space ideal for various types of gatherings.
Evolving from the traditional office environment, Clock In Ayala North Exchange also has a pantry with unlimited coffee and tea, napping pods, a gaming area with board games, even stationary bikes. Catering to every need, it offers high-speed internet, admin and IT services, and office maintenance to help businesses run smoothly. With its passport access, their tenants may clock in to other branches, whichever is closest to their current location.
Broadening the knowledge, skills and network of its tenants, Clock In also regularly hosts networking events that are tailored to the needs of modern-day employees and future leaders.
“We are proud that our tenants opt to stay with us and that they are happy with the service that they get. Considering that we offer flexible lease terms, we are getting a lot of interest from companies with large space requirements that are looking for managed coworking facilities,” Comia said.
From eight hubs that enjoy overwhelmingly positive acceptance from the market, ALO is set to expand in 2020 and bring its close-to-home-office solution to Manila Bay area and Cebu IT Park.