Visa more than doubles office footprint at SM’s E-com campus

Visa’s expansion to a 9,000-square-meter facility at SM’s E-com campus in the Philippines points to a sustained demand for integrated operational hubs in Southeast Asia. The move consolidates Visa’s administrative, financial, and technology functions, suggesting a deepening commitment to the Philippines as a regional base for its global managed services. This is not just about more desks; it is about centralizing critical functions to support a 24/7 operating model, which is key for digital payments infrastructure. The relocation to a LEED Gold-certified building also indicates a preference for modern, amenity-rich environments that can attract and retain talent. For the Philippines, this expansion by a major financial technology player reinforces its position as a viable location for multinational back-office and solution centers. However, the challenge for SM Offices and similar developers will be to consistently provide such high-standard, flexible spaces as more companies look to scale integrated operations across Asia.