PASEGURUHAN NG MGA NAGLILINGKOD SA PAMAHALAAN (GOVERNMENT SERVICE INSURANCE SYSTEM) Financial Center, City, 1308

Invitation to Submit Expression of Interest for the Long-Term Lease and Development of Property (30,476 square meters)

The Government Service Insurance System (GSIS) invites local and foreign real estate developers, institutional developers and hotel industry players to consider the Coconut Palace Property for long term lease.

Coconut Palace Property is a 3-hectare prime property located within the Cultural Center of the complex in Pasay City. The Palace itself is an architectural wonder designed by the renowned Filipino Architect Mañosa, making extensive use of materials from the coconut tree for its interior and exterior surfaces. The property is a popular venue for events because it affords a spectacular view of the famous sunset.

THE SITE Coconut Palace is on the northwest corner of Vicente Sotto and Fernando Ma. Guerrero Streets, in the immediate vicinity of F. Hidalgo Circle, extending southwestward towards Manila Bay. It is located between Sofitel on its northwest side and Gloria Maris Restaurant on its southeast side. It is approximately 800 meters southwest from , some 1.9 kilometers southwest from Taft Avenue, about 2.3 kilometers north from SM Mall of Asia and around 8 kilometers away from the Ninoy Aquino International Airport.

PROPOSED LAND USES The Property is located in an area where land development is for commercial and mixed-use real estate projects.

STATUS OF TITLE/PROPERTY The entire 30,476 square meters property is registered in the name of GSIS under TCT No. TCT 003-2014000511 (96236) of the Registry of Deeds of Pasay City. Interested parties may submit their Expression of Interest and proposal to lease the entire Coconut Palace Property. The term of lease is 25 years. Prospective proponents may submit their Expressions of Interest, to include the following information: 1) company profile; 2) proposed type of development/business interest; 3) required land area; and 4) contact persons and numbers, on or before February 28, 2017 addressed to:

APOLLO M. ESCAREZ Vice President Real Estate Asset Disposition and Management Office (READMO) Level 6 GSIS Headquarters, Financial Center, Pasay City 1308

You may send your inquiries through [email protected] or [email protected] or call at telephone numbers (02) 976-4682, (02) 479-3500 local 3425.