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Century completes $100-m medical hub

Property developer Century Properties Group Inc. said it completed the construction of Centuria Medical Makati, a $100-million outpatient IT-medical arts building at the Century City in Makati.

Century Properties in a statement said it was ready to turn over the units in the 28-story building that has close to 700 clinics and office suites that will accommodate doctors of various outpatient medical practices.

Support facilities include a diagnostic laboratory to be operated by Hi-Precision Diagnostics, a hospital-grade Day Surgery Center and Recovery Suites.

Centuria will also have 18 commercial spaces for dining, wellness and pharmacy outlets.

Centuria’s opening is targeted by early 2015 after doctors and tenants complete unit fit outs.

The building will be equipped with IT capabilities for the convenience of doctors and patients, as well as a trained medical concierge staff for locals and medical tourists.

“We are in the midst of a tremendous growth opportunity for health care and medical tourism. Centuria will address the need for facilities that will take these sunrise industries to the next level in the Philippines,” said Century Properties chairman Jose Antonio.

“This medical facility is also an important component to our strategy of having a complete, integrated community at Century City, where you just don’t have offices, high-rise residences and a retail mall but also a modern outpatient healthcare facility,” he added.

Launched in 2010, Centuria is the second project to be completed by Century Properties in 2014 under a growing recurring income portfolio.

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