Aseana Holdings Inc. Hits Construction Milestone

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Parañaque, Philippines—As the ongoing rise of Covid-19 cases continue to disrupt business operations, brand events, and company celebrations both local and abroad, Aseana Holdings Inc. welcomed the second half of the year with the topping-off ceremony of 8912 Asean Ave. Building, the newest and most sophisticated office development to date in Aseana City.

While it remained a quiet milestone because of the pandemic, DMWAI CEO, Buds Wenceslao expressed his positive outlook on the construction and real-estate landscape. “We are in the phase of uncertainty and hesitancy as Covid-19 has proved to be a strong adversary to businesses causing refinancing, economic downturn, and immediate and catastrophic effect to different income groups. However, celebrating a milestone of one of our developments that is included in our five-year pipeline projects despite the challenges that we are currently facing is something that should not be overlooked. This only demonstrates the dedication, commitment and competence of our team and the trust that we have earned in the decades-long relationships and partnerships with our internal and external stakeholders, clients and vendors.”

8912 Asean Ave. is a 15-story office development along Asean Avenue with two interconnected towers right across Ayala Malls Manila Bay, the flagship mall of the Ayala Malls group. The project has approximately 69,000 sq m of leasable office and retail spaces with four levels of parking.

8912 Asean Ave. Building is slated for completion on the first half of 2021.

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