CLIENT PROFILE

In early 2006, ATLAS COPCO PHILIPPINES INC., a Swedish multinational company engaged in the importation and trading of industrial equipment and machinery, took a leap of faith by entering into a long-term lease arrangement with Alcos Global Corp., a landowner in Laguna Technopark, Binan, Laguna. The lease called for the construction of a custom-built office and warehouse/repair facility within the Ayala-developed industrial estate that would serve as the modern headquarters of the company. The transaction involved extensive coordination and monitoring in the early stages to make sure that Atlas Copco and the Lessor, together with all third-party service providers, such as the structural designer and builder, are committed to the vision of creating a world-class facility for the client - worthy no less of its stature as a dominant multinational company in its field. The success of the project depended on meeting the expectations of Atlas Copco within the parameters that it has set vis-a-vis the resources that were available to the Lessor at that time. Throughout the transaction, Mr. Rey M. Lagonsin was on hand to facilitate the coordination process and initial negotiations, which culminated in the signing of the lease contract by mid-2006. Atlas Copco's lease consists of a building floor area of about 2,346.50 square meters of combined office, warehouse and workshop facilities sitting on 5,504 square meters of land. The Lessor has given the company the option to lease an additional 3,000 square meters of land in case it decides to expand operations within the initial lease period.