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Century Properties to build world's first Forbes Media Tower in Makati

Century Properties Group, Inc. has been tapped to build the world’s first Forbes-branded commercial building in Makati.

Mike Perlis, president and CEO of Forbes Media LLC, said the company chose the Philippines as the location for the first of its Forbes Media Towers due to "its rapidly growing market and strong relations with the US."

Century Properties president and CEO Jose E. B. Antonio said that the property developer is "honored"  to be working with Forbes Media.

"Forbes is synonymous with success and business, and this partnership fits perfectly with our distinguished portfolio of local and internationally renowned brand partners,” he was quoted as saying.

“It is also an honor for us that Forbes has recognized the Philippines as one of Asia’s bright spots and showed its confidence by choosing Makati, Metro Manila as the first site of its landmark business tower,” he added.

Worldwide Development of Forbes Media president Miguel Forbes said this marks the start of Forbes Media's expansion into real estate development projects around the world.

“We will continue to explore new Forbes Media Tower opportunities globally and couldn't be more excited to pursue this new and potentially game-changing initiative,” he added.

The Forbes Media Tower in Century City will offer approximately 60,000 square meters of premium office space, which will be available for sale and for rent to business owners, entrepreneurs and companies by the first quarter of 2014.

In addition to office space, the building will provide meeting and event space with plans for a fine dining restaurant, fitness center and exhibition facilities. — Danessa O. Rivera/BM, GMA News