Categories: OLD Media Moves

Forbes strikes deal for first namesake office building

Forbes Media, the parent company of Forbes magazine, announced Tuesday that it has struck a deal with a developer to build the first Forbes Media Tower, which will be located in the Philippines.

A commercial office building, the Forbes Media Tower is designed to serve the world’s business leaders by providing an environment to conduct business with premium amenities. The deal is with Century Properties Group Inc., a leading Philippine real estate firm.

“Forbes has always been an authoritative resource for the world’s business leaders, and this tower further reinforces our long-standing mission,” said Mike Perlis, president & CEO of Forbes Media, in a statement.  “The Philippines, with its rapidly growing market and strong relations with the U.S., is the perfect location to launch this effort.”

The Forbes Media Tower in Makati, Metro Manila will offer approximately 60,000 square meters of premium office space, which will be available for sale and for rent by the first quarter of 2014.  In addition to office space, the building will provide meeting and event space with plans for a fine dining restaurant, fitness center and exhibition facilities.

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.

View Comments

    Recent Posts

    Dynamo hires former Business Insider executive editor Harrington

    Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

    18 hours ago

    Bloomberg TV hires Kerubo as desk producer

    Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

    19 hours ago

    Jittery CNBC staff reassured by new boss

    In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

    19 hours ago

    Making business news accessible to a wider audience

    Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

    19 hours ago

    Rest of World hires Lo as China reporter

    Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

    20 hours ago

    Bloomberg rises to No. 7 biz news website

    Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

    20 hours ago