SM Offices Bets Big on Cebu: 60,000 sqm Tower Expansion to Fuel Regional Office Surge by Late 2026
As Cebu cements its status as the Philippines’ premier office hotspot beyond Metro Manila, SM Offices—the leasing powerhouse of SM Prime Holdings, Inc.—is ramping up with over 60,000 square meters of premium leasable space at SM City Cebu Towers, targeted for completion by Q4 2026.
Nestled on A. Soriano Avenue in the bustling North Reclamation Area, the development zeroes in on corporations and business process outsourcing (BPO) players eyeing cost-effective, congestion-free alternatives to the capital. With Cebu’s office take-up exploding—150,000 sqm in 2025, snagging 55% of provincial demand and a robust 33% year-on-year growth per Leechiu Property Consultants—SM Offices is perfectly positioned to capture this momentum.
“Cebu is a major economic hub because of its strong infrastructure, exceptional talent pool, and complete business ecosystem,” stated Alexis L. Ortiga, Vice President and Head of SM Offices. “SM City Cebu Towers is meant to support this growth by providing well-managed, high-quality, and well-connected office spaces that meet the evolving needs of businesses expanding in the region.”
This expansion embodies SM Prime’s signature mixed-use blueprint, weaving offices with residences, retail, education, MICE venues, and leisure amenities to boost tenant efficiency and employee satisfaction. Anchored in the revitalized SM City Cebu North Wing, the towers grant seamless access to South Road Properties (SRP), Mactan-Cebu International Airport, ports, and government hubs—ideal for seamless operations.
A standout synergy lies with the adjacent National University (NU) Cebu campus, which flung open its doors on June 14, 2025. As NU’s seventh provincial outpost, fully staffed by 100% local hires, it bridges academia and industry. Tenants can tap direct recruitment pipelines, internships, and training with fresh graduates, slashing hiring timelines and costs while empowering hometown talent retention.
SM Prime’s holistic approach not only addresses urban flight from Manila but also fosters vibrant, self-sustaining ecosystems nationwide. With Cebu leading the charge, SM City Cebu Towers promises to elevate the city’s skyline and solidify its role as a magnet for ambitious enterprises.
