January 25, 2024
(L-R) Karlu Tan Say (PHC President), Anthony Lou M. Bernabe (General Manager and Group Head), and Christopher P. Ting (PHC SAVP for Leasing Management)
Pasay City, Philippines – PNB Holdings Corporation (PHC), a prime property developer backed by the conglomerate LT Group, announced today the signing of a 5-year lease agreement with Cebuana Lhuillier Insurance Brokers, Inc. (CLIB). This lease agreement entitles CLIB to occupy over 800-square meters of prime office space at PNB Financial Center, Diosdado Macapagal Avenue, Pasay City.
PNB Financial Center is an imposing brutalist-style office complex designed by Architect Gabriel Formoso and is considered a highly-accessible area located near Ninoy Aquino International Airport (NAIA) and many cultural and historical attractions, as well as business and entertainment hubs.
Signatories from PHC at the contract signing include Ms. Karlu Tan Say, President, and Mr. Christopher P. Ting, Senior Assistant Vice President for Leasing Management, joined by Mr. Anthony Lou M. Bernabe, CLIB’s General Manager and Group Head.
CLIB’s new headquarters bolsters its commitment of providing financial security to Filipinos through its affordable insurance products and services.
“We are thrilled to welcome Cebuana Lhuillier Insurance Brokers, Inc. to the PNB Financial Center. Having CLIB’s offices in our building not only highlights the flexibility of our prime real estate properties but also reinforces the Financial Center’s market position as a commercial hub within the Manila Bay area,” Ms. Tan Say said.
Bernabe expressed, “We believe that the strategic location of the PNB Financial Center will significantly contribute to CLIB’s business objectives. We eagerly anticipate more prosperous partnerships with PHC in the years ahead.”
This lease agreement resonates with PHC’s dedication to creating spaces that define the legacy of partners and fostering collaborations that drive business success.
About PNB Holdings Corporation
PNB Holdings Corporation (PHC) is envisioned to be the most preferred developer of sustainable high-end luxury properties in the Philippines, as the Company embarks on transforming its prime properties into iconic architectural landmarks and world-class master-planned mixed-use developments.
PHC owns the PNB Financial Center in Pasay City, the PNB Makati Center within the Makati Central Business District, and the 8,000-sqm. prime lot (the “PHC Buendia Property”) at the intersection of Sen. Gil J. Puyat Avenue (formerly named Buendia Avenue) and Paseo de Roxas in Makati City, among other investment properties.
PHC is backed by one of the country’s largest conglomerates, the Lucio Tan Group, which has interest in the airline, beverages, tobacco, property development, and banking business, among others. As part of its overall business strategy, PHC seeks to partner with strategic investor(s) who can contribute their property development expertise and track-record, as well as financial resources to redevelop these prime properties to their potential highest and best use.
About Cebuana Lhuillier Insurance Brokers, Inc.
Cebuana Lhuillier Insurance Brokers, Inc. (CLIB) is a proud member of the P.J. Lhuillier Group of Companies (PJLGC). The company was established in 2019 with a vision to make a bigger impact, forge wider partnerships, and offer an even greater selection of insurance products and services.
CLIB’s mission remains unchanged: to provide financial security and peace of mind to its valued clients.
CLIB is dedicated to offering a wide range of pioneering insurance solutions designed to safeguard all aspects of our clients’ lives, and we have partnered with the country’s top insurance players known for their financial stability, industry leadership, and solid claims reputation.
Comments are closed