Common Ground Launches Flagship Venue In Philippines

KUALA LUMPUR,Malaysia,Oct. 19,2018 -- Malaysia's leading co-working space,Common Ground,today announcedits debut in the Philippines through a partnership with MVP Global Infrastructure Group (MVP Global) as part of its regional expansion strategy. This is Common Ground's first venue to be set up outside of Malaysia.

Common Ground's flagship venue in the Philippines will be located in the penthouse of ArthaLand Century Pacific Tower (ACPT) located in heart of Bonifacio Global City (BGC) in Metro Manila. The 2,300 sqm space,which already has an expected 70% occupancy to date,will be able to house over 332 tenants. Located in Manila's rising business district,ACPT is not only a premium and sustainable property but also a designated Philippine Economic Zone Authority Information Technology Center (PEZA),Malaysia's equivalent of the MSC Malaysia Status,which entitles PEZA-registered businesses to fiscal and non-fiscal incentives.

MVP Global is a major player in the investment sector across Southeast Asia. The group has established a leadership position in the areas of infrastructure investments and cross-border activities with plans for further expansion into other areas in the coming years. Teaming up with MVP Global will allow Common Ground to effectively bring its amazing suite of business tools and functions to the Philippine market. Common Ground's business tools have proven to be highly effective in energizing businesses across the Malaysian market. This is done through a key focus on building up local value and benefit for its members. This partnership is the ideal way for Common Ground to expand its abilities to a new market. By partnering with a business like MVP Global that is familiar with operating in the Philippines,Common Ground is ensuring it will continue its promise of providing its members with a suite of local benefits. In turn,creating a business structure and culture which provides more opportunities than traditional working/co-working offerings.

"We're very excited to be partnering with Common Ground as we believe that they are transforming work environments and building a highly-integrated platform for businesses to plug into. With this partnership,we're combining resources to drive and support the ever-changing and evolving co-working lifestyle. This is a unique opportunity for members and tenants of our commercial buildings,as this provides them access to a regional ecosystem,enabling them to forge partnerships with like-minded individuals and businesses from other markets. The regionalization of these relationships is an essential element for businesses looking to scale across Southeast Asia. We look forward to what this partnership will bring," said MVP Global's Enrique Gonzalez.

On top of being a PEZA registered building,ArthaLand is also currently the only Philippine building to be cleared for the cryptocurrency trading license by the Cagayan Economic Zone Authority (CEZA). Common Ground is also currently the only co-working space in the Philippines that is able to leverage this new licensing for its members. Through its partnership with MVP Global,the focus is to develop ArthaLand Tower into an entrepreneurial hub targeting business corporates and rising entrepreneurs as it is where over a third of the Philippines' economic output is located. Common Ground's space within the financial and lifestyle district of BGC aims to create demand and encourage uptake among business corporates and rising entrepreneurs.

"We are very proud to be making our mark outside of Malaysia with the support of MVP Global. At Common Ground,it's our vision to provide our members with local value,local services,and local partnerships. We believe that to build any successful business in this region,one needs to develop a strong foundation. In these individual and culturally different Southeast Asian markets,there is no better way to do this than to develop partnerships at a local level as it's partnerships like these that help us shape our local value proposition. Local partners,like MVP Global,are in the strongest position to add the value needed to help the business thrive in the Philippines. Aligning with MVP Global who share the same values makes for a more exciting and beneficial relationship. We view this partnership as an amazing opportunity to provide a true value-add to all our end users," said Erman Akinci,co-founder of Common Ground.

Common Ground plans to quickly expand its footprint in the Philippines with two upcoming venues already in the works. The second venue is set to be located in IBP Tower,situated in Ortigas,a central business district located within the joint boundaries of Pasig,Mandaluyong and Quezon City within the Metro Manila district. Common Ground's third venue will be located in the penthouse suite of the 8 Rockwell building situated in Makati's high-end mixed-use area of Rockwell.

"By the end of 2018,we're looking to have three Common Ground venues launched in the Philippines,with the other two located in Makati and Ortigas. We're excited to be creating a footprint in some of the most prime locations across Manila city with penthouse suites in some of the most attractive and premium spaces. The goal is to build 15 communal and flexible office hubs here in the next eighteen months," Erman added.

For more information,book a site visit or to explore the different pricing packages,visit Common Ground's website athttp://www.commonground.work.

FACTSHEET

About Common Ground

Co-founded by Erman Akinci and Juhn Teo,Common Ground is Malaysia's largest leading co-working space that prides itself on not just being a communal workspace but building a sustainable and integrated co-working community. Common Ground is redefining workspaces by creating a lifestyle that resonates with today's workforce and creating a vibrant ecosystem of like-minded people. With the tagline "Ambition Lives Here",Common Ground attracts today's go-getters.

The co-working space connects the community through a members' portal and app called the Ambition Engine,which allows members to keep up to date on what's happening within the community across all the venues. Aside from weekly social events,the members benefit from services provided by Common Ground's lifestyle partners,such as memberships at Fitness First and F45,grocery shopping perks with Happy Fresh,fulfilling laundry needs with Pressto andmuch more.

Since launching in March 2017,the game-changing business has since acquired over 1,000 members across five venues in the Klang Valley (Damansara Heights,Mont Kiara,TTDI,Bukit Bintang & Ara Damansara). It plans to open 12 venues by the end of 2018 across Malaysia,as well as regionally in the Philippines and Thailand.

Each Common Ground venue houses a cafe,event space,board room,several smaller meeting rooms,quiet lounges,and three formats of workspace-- hot desking,fixed desking and private offices for two or more people. They also cater to larger clients with their Enterprise Solutions.

For more information on Common Ground,visit the website at http://www.commonground.work.

Keep up to date with the latest happenings on its social media platforms:

Facebook: https://www.facebook.com/commonground.work

Instagram: https://www.instagram.com/commonground.work

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