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Century Group to turn over $100-million Makati medical facility

Real-еstatе developer Century Properties Group Inc. on Tuesday said it is ready to turn over its $100-million outpatient medical facility in Makati to unit owners.

The company said that it has completed the construction of Centuria Medical Makati in Century City, along Kalayaan Avenue.

The 28-story building is expected to house 700 clinics and office suites that will accommodate doctors of various outpatient medical practices.

Centuria also has 18 commercial spaces for dining, wellness and pharmacy outlets, while support facilities include a diagnostic laboratory to be operated by Hi-Precision Diagnostics, a hospital-grade Day Surgery Center and Recovery Suites.

Centuria’s opening is targeted in 2015, after doctors and tenants complete their respective unit fit outs. The building will be equipped with information-technology capabilities for the doctors and patients, as well as a trained medical concierge staff for locals and medical tourists.

“Centuria will address the need for facilities that will take these sunrise industries to the next level in the Philippines,” company chairman Jose E.B. Antonio said in a statement.

“This medical facility is also an important component to our strategy of having a complete, integrated community at Century City, where you just don’t have offices, high-rise residences and a retail mall but also a modern outpatient health-care facility,” he added. The building was launched in 2010 and was the second project to be completed by the company this year.

In March 2014 the company opened the 50,000-square-meter Century City Mall, right in front of Centuria, with about 110 retail tenants, including four cinemas and a Rustan’s Supermarket.

The project also forms part of Century Properties’ pipeline of residential, commercial and office developments. From its listing in 2012 up to 2019, Century targets the completion of a total of 31 buildings.

Source: Businessmirror | December 9, 2014

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