Filinvest Land Inc. (FLI), a leading Philippine developer, and KMC Community Inc. (KMC), a global co-working space provider, announced the launch of their joint venture company, Our Space Solutions Inc. (OSSI) last April 25th, 2024.
This strategic partnership signifies a major step in catering to the growing demand for co-working spaces in the Philippines. The first OSSI locations are situated in Axis Tower One, a prime office building within Filinvest City’s Northgate Cyberzone.
A Collaboration to Meet Evolving Workplace Needs
The joint venture agreement (JVA) between FLI and KMC entails establishing, operating, developing, managing, and maintaining flexible workspaces. This includes offering private serviced office seats and co-working arrangements within commercial buildings across the Philippines.
“The rise of remote work has significantly reshaped the landscape of office spaces,” shared Tristan Las Marias, President and CEO of Filinvest Land Inc. “Our partnership with KMC, a recognized leader in the co-working industry, allows us to address this growing demand with innovative and adaptable solutions under the Our Space Solutions Inc. brand, and further provides alternate rental solutions to improve occupancy of FLI and FREIT office spaces.”
KMC's Expertise Meets FLI's Local Strength
KMC brings its extensive experience in designing and managing vibrant co-working communities to the table. Michael McCullough, CEO for WorkSpace Solutions and Co-founder, expressed his enthusiasm: “We are thrilled to be partnering with Filinvest Land Inc. to introduce OSSI. By combining KMC’s global network and expertise with FLI’s established presence in the Philippine market, we are confident that OSSI will become a leader in the co-working space industry here.”
A Valued Partnership for Filinvest Land and Filinvest REIT Corp.
OSSI is currently a locator in Filinvest REIT’s Axis tower One in Filinvest City, Alabang and is looking at opening more co-working spaces in Filinvest Land’s Makati, Quezon City, and Pasig City office properties.
Maricel Brion-Lirio, President and CEO of Filinvest REIT Corp., the company that owns Axis Tower One, commented, “We are delighted to welcome OSSI as a valued locator at Axis Tower One. This innovative partnership perfectly complements the dynamic and forward-thinking atmosphere we strive to cultivate within our office buildings.”
The launch of OSSI signifies a significant development in providing flexible and collaborative workspaces for Filipino businesses and professionals, particularly with the increasing adoption of remote and hybrid work models.
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