Citadines Ortigas – Full-Floor Branded Hospitality Asset | 829 sqm | ₱159.76M | Target 6–7.5% Yield

Citadines Ortigas – Full-Floor Branded Hospitality Asset | 829 sqm | ₱159.76M | Target 6–7.5% Yield

Institutional-grade serviced residence investment inside Citadines Millennium Ortigas, professionally operated by The Ascott Limited.

🏢 ASSET PROFILE

• Entire 18th Floor Ownership
• 829 sqm Total Floor Area
• 15 Serviced Apartment Units
 – 8 Studio
 – 4 One-Bedroom
 – 2 Two-Bedroom
 – 1 Three-Bedroom
• 5 Parking Slots
• Fully Furnished with Complete FF&E
• Operational and Income-Generating

💰 INVESTMENT METRICS

• Total Price: ₱159,756,800 (VAT inclusive, with 5 parking slots)
• Approx. ₱192,700/sqm (inclusive of parking and FF&E)
• Target Yield: 6%–7.5% annually (excluding capital appreciation)

Yield projection reflects normalized post-pandemic occupancy conditions and current Ortigas recovery trends.

💡 DIVERSIFIED DEMAND DRIVERS

Income is supported by multiple occupancy segments:

• Proximity to the headquarters of the Asian Development Bank and other multilateral institutions
• Long-stay foreign consultants and project-based professionals
• Returning BPO and multinational firms expanding in Ortigas CBD
• Domestic business travelers and regional executives
• Growing staycation market from Metro Manila residents seeking premium serviced accommodations

This diversified tenant base enhances resilience across market cycles.

📍 ORTIGAS CBD ADVANTAGE

• Competitive office rental rates versus Makati CBD and BGC
• Attractive to multinational firms seeking operational efficiency
• Established mixed-use district with strong corporate, retail, and residential ecosystem
• One of Metro Manila’s most resilient hospitality submarkets

🏢 WHY THIS ASSET WORKS

• Global operator with established reservation and corporate network
• Fully managed, hands-free investment structure
• Branded serviced residence under Citadines
• Option to divest units individually or retain as a full-floor portfolio asset
• Positioned for long-term income and capital appreciation

Ideal for family offices, portfolio investors, and buyers seeking professionally managed hospitality exposure in a prime CBD.

Co-brokers welcome. Commission protected.

📞 Raymund Jazmines
PRC Real Estate Broker #4817
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