Name of company
ISOC Group
Sector/company profile
Diversified Conglomerate
Name of President or Managing Director
Michael C. Cosiquien
President's or Managing Director's profile
ISOC Group Chairman Michael C. Cosiquien started as an entrepreneur at a young age. In 2017, Mike established ISOC Group as a venue to pursue his vision of unlocking potential using innovation and technology. Through ISOC, he is now venturing into cold chain logistics, energy, property development, and infrastructure. Prior to establishing ISOC, he co-founded Megawide Construction Corporation in 1997 and grew this to become one of the Philippines' leading infrastructure companies.
Countries in which the company operates
Poland and Philippines
Description of the entry into the Polish market
Hailing from the Philippines, ISOC Group’s current portfolio in Poland fits its long-term strategy investing in attractive real estate projects that bring high value to stakeholders amid a very dynamic industry. We believe these investments complement the Group’s investment portfolio in the Philippine cold chain logistics, infrastructure and property development industries. Despite being a continent away, the Group saw great growth potential in the Polish market. At the same time, these investments are also reminiscent of the growing demand for office spaces from the business services sector in the Philippines.
The origins of the company and how it started out
The interest in the CEE region started in 2017 when ISOC Group was exploring opportunities to diversify its investments. Following its first visit to Poland, ISOC Group saw a robust and booming real estate market, as well as a workforce that is highly skilled and professional. Poland's positive investment and economic outlook, the high grade quality of the assets, and the commercial market growth potential driven by the BPO sector eventually led to the decision to capitalize in this market.
Despite being a newcomer, ISOC Group acknowledges the financial institutions' support and appreciation of the Group's business strategy, which is geared towards building a portfolio that would produce long-term value.
How much the company has invested in entering the Polish market
EUR 248,000,000
What differentiates the company's products/services from their competitors?
- Committed to sustainability, ISOC Group's office properties are all LEED certified (Gold and Platinum).
- All properties are located in key progressive cities, and are in areas with well-developed infrastructure and public transport systems.
- Properties are state-of-the-art buildings that have been developed to meet high grade technical standards in efficiency and security.
Notable achievements to date
Despite being a continent away, ISOC Group successfully acquired 3 office properties in the CEE with a total GLA of 101,000 sqm, within a span of 1 year.
ISOC Group's investments this year has been, by far, the largest investment made by a Philippine company in the CEE CRE, proving that Philippines is not only one of the fastest growing economies in Asia, but is also a source of ambitious players, who have the desire & capability to become active and successful in the European property scene.
Plans for the future / expansion plans and information on how they have been pursued so far
Seeing the strong opportunities for growth and development in the CEE, ISOC Group is focused in expanding its investment portfolio in the region, particularly Poland. Over the next year, we’ve earmarked Krakow and Warsaw as key cities we would like to build our presence in, while at the same time continuing to explore opportunities to grow our portfolio in the cities of our current assets.
The Group has established key partnerships with key market experts and service providers to constantly stay ahead of market trends and opportunities.
