Forbes Media Announces Collaboration with Century Properties To Build First Forbes Media Tower®, Selects Philippines As First

  Forbes Media Announces Collaboration with Century Properties To Build First
  Forbes Media Tower®, Selects Philippines As First Location

   Commercial Tower To Offer Premium Amenities For World’s Business Leaders

Business Wire

NEW YORK & MAKATI, Philippines -- September 3, 2013

Forbes Media and Century Properties Group, Inc., a leading Philippine real
estate firm, announced today that they will build the world’s first
Forbes-branded Forbes Media Tower^® in Makati, Metro Manila, 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. This initial tower is expected to be part of a network of
Forbes Media Towers^® around the world.

“Century Properties is honored to be working with Forbes Media for this
project. Forbes is synonymous with success and business, and this partnership
fits perfectly with our distinguished portfolio of local and internationally
renowned brand partners,” said Jose E. B. Antonio, President & CEO of Century
Properties Group, Inc. “It is also an honor for us that Forbes has recognized
the Philippines as one of Asia’s bright spots and showed its confidence by
choosing Makati, Metro Manila as the first site of its landmark business
tower.”

“We’re very pleased to be collaborating with Century Properties for the first
Forbes Media Tower^® as we extend our brand into the global real estate
development market. 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. “The Philippines,
with its rapidly growing market and strong relations with the US, 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 to business owners, entrepreneurs and companies 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.

“This is a historic and groundbreaking moment for us. It is just the start of
our plan for an expansion into Forbes real estate development projects around
the world,” said Miguel Forbes, President Worldwide Development of Forbes
Media, who is spearheading this initiative. “We will continue to explore new
Forbes Media Tower^® opportunities globally and couldn't be more excited to
pursue this new and potentially transformative initiative.”

The tower will be located in Century City, a mixed-use development of Century
Properties in the central business district of Makati. Makati is comprised of
premium residences, office buildings and the Century City Mall. The tower’s
location is part of an IT zone, which will allow accredited locators to
benefit from incentives from the Philippine Economic Zone Authority (PEZA).

About Forbes Media

Forbes Media LLC is a media startup founded in 1917. The company, which
publishes Forbes magazine and forbes.com, is an authoritative source of news
and information on business, investing, technology, entrepreneurship,
leadership and affluent lifestyles. Forbes.com, a leading business website,
reaches 47 million monthly unique visitors, according to Omniture. Forbes
magazine, Forbes Asia and Forbes Europe attract a global audience of more than
5 million readers. The Forbes magazine iPad app merges the power of print
storytelling with social sharing and the web. The Company also publishes
ForbesLife magazine, as well as 29 licensed local editions around the world.

About Century Properties

Century Properties Group Inc. is a forerunner of premium real estate
developments in the Philippines. Since it was founded 27 years ago, Century
Properties has transformed 744,576sqm of space into premier residential and
office developments in and outside Metro Manila. Its name has become
synonymous with quality real estate projects that showcase the best of
innovations and world-class design, with a desire to contribute to the
transformation of the Philippines into a global destination.

Contact:

Press:
Forbes Media
Mia Carbonell, 347-791-9282
mcarbonell@forbes.com
or
Century Properties Group, Inc.
Henry Barrameda, 632-793-5040
henry.barrameda@century-properties.com
 
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