Robinsons Offices records highest Q2 office transaction volume
Key Takeaways
- •Robinsons Offices recorded the largest office transaction volume among developers in the second quarter of 2026, with 38,000 square meters based on CBRE Philippines data.
- •A 33,400-square-meter pre-leasing commitment at Asscher in The Jewel development in Mandaluyong City accounted for about 88% of the quarterly volume and was identified as the country's biggest individual office transaction of the quarter.
- •The company also topped CBRE's second-quarter 2025 ranking with nearly 50,000 square meters in new transactions, of which GBF Center 2 contributed 27,100 square meters.
- •The Jewel will comprise four office towers — Asscher, Trilliant, Marquise, and Peruzzi — along with a mall, with the mall and first two towers slated for completion by 2028 and the remaining two by 2030, subject to market conditions.
- •The development is planned to include a link bridge connecting to the Metro Rail Transit Line 3 Boni Station.
Robinsons Offices recorded the highest office transaction volume among developers in the second quarter, citing data from real estate services firm CBRE Philippines, according to a report published by BusinessWorld.
The office development and leasing arm of Robinsons Land Corp. recorded 38,000 square meters (sq.m.) in transactions during the quarter, based on CBRE Philippines’ second-quarter 2026 Market Monitor, as cited by the company.
The total was driven by a 33,400-sq.m. pre-leasing commitment at Asscher, one of four office towers planned for The Jewel mixed-use development in Mandaluyong City. The commitment accounted for about 88% of Robinsons Offices’ quarterly transaction volume. Robinsons Offices said CBRE identified it as the country’s largest individual office transaction during the quarter.
The company also led CBRE’s second-quarter 2025 tally, recording nearly 50,000 sq.m. in new transactions. GBF Center 2 accounted for 27,100 sq.m. of that total.
“The scale of the Asscher transaction shows how thoughtfully designed, well-located, technologically equipped, and environmentally friendly workplaces can still attract substantial requirements in a soft market,” Robinsons Offices Business Unit General Manager and Senior Vice-President Jericho P. Go said.
Asscher is part of The Jewel, a mixed-use development at the corner of EDSA and Pioneer Street in Mandaluyong City. The project will include four office buildings — Asscher, Trilliant, Marquise, and Peruzzi — collectively known as the ATMP Towers, along with a mall.
Robinsons Offices said the mall and the first two towers are targeted for completion by 2028. The remaining two towers are scheduled for completion by 2030, subject to market conditions. The development is also planned to include a link bridge to the Metro Rail Transit Line 3 Boni Station. — ALB
