News & Updates

The art and science of workplace density

08.10.15

Today’s workplaces are keeping up with the changing employee demographic, creating a trend seen to benefit both the employer and employee. In a recent report released by CBRE, it noted that workplace density has the most impact on employee performance, …

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BLOG: Workplace Density

08.05.15

For most of us, our workstations become a ‘second home,’ spending most of the day’s hours in front of laptops and typing away reports and other job-related tasks. So imagine working in a cramped up space with papers lying around, …

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A businessman’s take on the economy

08.04.15

There was a time when high-income Filipino consumers could only go to Rustan’s to buy international brands of perfume, jewelry, clothing and other personal items, as well as kitchen and dining utensils. Later on, duty-free shops provided a limited alternative. …

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PH hot market for global brands

06.23.15

The Philippines has been tagged as among the hottest markets for global retail brands, a study released by property consultancy CB Richard Ellis (CBRE) showed. Manila placed 13th among the 164 cities in 50 countries with the most number of …

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Manila among top target markets for international retail brand expansion

06.23.15

Manila is among the top target cities for entry by international brands, according to commercial real estate services firm CBRE. In its How Global is the Business of Retail? report released yesterday, CBRE said Manila entered the list of the …

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Orion Support Incorporated (OSI)

Dear Rick,

Following up from my initial request to you for support in finding a new office location for our company, Orion Support Incorporated.   Well, we moved in to the LTA Building on Perea Street, fifty meters or so from Paseo de Roxas this weekend, only a 4 minute walk to AmCham and under excellent terms.

While I think you assigned both Morgan Mcgilvray and Sherdil Rana to support our original request; as you know, Morgan was very tied up with his wife giving birth during the period we identified this location and negotiated with the landlord, Mr. Mike Arroyo. Yes, the former First Gentleman. But in my short interaction with Morgan, I can see that he is a solid, young professional.

With regards to Sherdil, I want to tell you that with 35+ years of interviewing hundreds and hundreds of individuals, I was impressed with his professionalism, focused support and “can-do” attitude  from the point of identifying our potential office space, and through the negotiation stages prior to the signing of our 6 year contract.  I was impressed with his considered opinions, insightfulness with regards to Philippine business culture and his sage advice related to our strategy in the negotiation process.  Sherdil was able to negotiate a rental rate per square meter about 150 – 200 pesos less than the going rate in this area, and with only a 7% increase after 24 months. Add to that, he secured for us three parking slots at no additional cost, two months security deposit versus the standard three, and two months advance rent to be applied to the front end of our contract versus the back end as is the case in most rental contracts. And, he got the landlord to repaint the entire office with three coats of mildew resistant paint at their expense.   But best of all, we were given a 6 year lease, with only having to give two months notice and forfeit only our two month security deposit to move out anytime with no additional penalty!

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