DAMOSA Land Inc.'s (DLI) service office spaces, Regus Davao, surpassed its sales targets, beyond what was expected since it opened last September 8, 2016. Regus Davao, located at the Damosa IT Park, features serviced work spaces depending on the needs of clients. Regus itself is in 3,000 locations worldwide in 120 countries and has 25 locations in the Philippines of which 21 are in Metro Manila. DLI Vice president Ricardo “Cary” Lagdameo told reporters last February 8 that they are way ahead of their target. “Our target was to hit about 80 to 90 percent in two years and we hit it in about six months,” Lagdameo said. With the positive turnout, he said, they expect to reach full occupancy by June of this year. The Davao branch is the 25th and currently the largest office of the company with 1,600 square meters office space. The building has a capacity of 350 workstations housed within the fourth floor of the five-storey Topaz Tower located in Damosa IT Park, Lanang. Ladgameo added that 30 different industries have already signed up for Regus. Among them include a real estate company, software development company, business process outsourcing (BPO), agricultural corporation and a shipping line. “Some of them have occupied one seat, some are occupying ten, some 25 and there’s one that’s occupying over 150. It’s a good mix,” he said. Lagdameo also said roughly 80 percent of the tenants come from Manila. "A couple of years ago, we envisioned that more and more companies, not from Davao will be locating in Davao. When we saw that profile, I guess it just solidifies our presumption then," Lagdameo said. The decision of Regus and Damosa Land to open a Davao center was finalized in February 2016. With the partnership, Damosa Land invested in putting up the structures and Regus handles the entire operation through its global booking system. Regus opened its first center about 30 years ago in Brussels and opened its first center in the Philippines in Makati in 1999. style="display:block; text-align:center;" data-ad-layout="in-article" data-ad-format="fluid" data-ad-client="ca-pub-2836569479021745" data-ad-slot="1977900730">
Regus Davao , based at Damosa IT park in the Philippine city of Damosa , met its initial target of hitting 80% to 90% occupancy within June this year , instead of June this year originally planned for. As such, the company expects to hit full occupancy by June this year . The Davao branch is one of some 3,000 Regus locations worldwide, 25 of which are in the Davao .