MREIT launches hub for start-ups
Digital Park will occupy nearly 2,000 square meters in the Intellectual Property Center and offer coworking spaces, function rooms, meeting areas and events spaces for teams of all sizes.
Daily TribuneDigital Park will occupy nearly 2,000 square meters in the Intellectual Property Center and offer coworking spaces, function rooms, meeting areas and events spaces for teams of all sizes.
MREIT Inc., the real estate investment trust of Megaworld Corp., has partnered with coworking firm Common Ground to open a Digital Park at McKinley Hill in Taguig City, to attract start-ups and support business growth.
The company said on Monday that the Digital Park will occupy nearly 2,000 square meters in the Intellectual Property Center and offer coworking spaces, function rooms, meeting areas and events spaces for teams of all sizes. Membership options include day passes, hot desks and dedicated desks.
“Aside from providing an important platform to support start-up companies, the Digital Park at McKinley Hill will also serve as a common space for people living or working in McKinley Hill who are looking to find the right place to grow their businesses,” MREIT president and CEO Jose Arnulfo Batac said.
Venture supports growth
For Chris Edwards, CEO of The Flexi Group, the parent firm of Common Ground, the tie-up with MREIT will help support its growth.
“This is a key growth market for us and we are incredibly excited to leverage our partnership over the next few years to develop flexible workspaces in the Greater Manila Area and across the country,” he said.
Existing tenants and start-ups in McKinley Hill can use the Digital Park’s facilities at discounted rates. Pitch sessions and incubator programs will also be held to connect startups with potential partners and investors.
