US-based Factset expands its operations in the Philippines as it builds its P3-B regional headquarters in McKinley West
October 2, 2017
17-storey ‘LEED-certified’ tower to offer 48,000 sqm of office spaces.
Megaworld senior vice president Jericho P. Go (right) with Factset CEO Philip Snow (center) and senior vice president Rachel Stern (left) at the Factset headquarters in New York City in September.
Property giant Megaworld is building the regional corporate headquarters of FactSet (NYSE_FDS | NASDAQ: FDS), a global provider of integrated financial information, analytical applications, and industry-leading services. The P3-B office tower will be 17-storeys high, offering 48,000 square meters of office spaces along Le Grand Avenue of the rising McKinley West township in Fort Bonifacio.
“We are enthusiastic about this long-term lease deal which we closed in New York weeks ago. FactSet’s expansive presence, which will be headquartered in McKinley West, demonstrates its continued confidence in the country’s growing economy,” says Jericho Go, senior vice president, Megaworld.
“FactSet is delighted to expand our presence in the Philippines with this exciting milestone. The very skilled, talented, creative and hardworking FactSetters in our Manila facilities are instrumental to helping FactSet achieve our mission to solve our clients’ greatest challenges through the power of collaboration,” says Philip Snow, chief executive officer, FactSet. Snow, along with other FactSet executives, closed the landmark deal with Megaworld in its global headquarters in New York City a few weeks ago.
Set to be completed in 2020, the ‘FactSet Tower’ will be constructed in accordance to LEED green building ratings program developed by the U.S. Green Building Council.
“We are really committed to building more LEED-certified office towers. We want to make our developments more sustainable. We are closely working with FactSet to finalize its requirements,” adds Go.
“FactSet wants to stress the importance of having a state-of-the-art ‘Green’ building to help promote a safe and healthy work environment. This is one of the reasons why we continue to be acknowledged as one of the top companies to work for,” says Rachel Stern, senior vice president, FactSet.