Commercial real estate accounts for the land area that is utilized for businesses and includes office space, complexes, malls, service stations, banks, hotels, shops, hospitals, and many more. This space can be either bought by the owners or rented out for a certain event, meeting, or a long duration. The idea of renting and leasing as well as holding any event in commercial workspaces that are provided as a service increases productivity, cuts down on expenses, more networking opportunities, flexible timings, accessible locations, and ready-to-use facilities and amenities.
The market size of commercial real estate is estimated to reach around US$ 49,79tn by the year 2024 in Asia with a CAGR of 3.49% from 2024 to 2028. In this article, we are discussing the entrepreneurial journey of Mario Berta, the founder and Chairman of a Philippine-based commercial real estate company called FlySpaces, which provides access to flexible workspaces for all kinds of businesses in the Southeast Asia region.
Mario Berta: Founder & Chairman
Mario Berta has vast experience in the technological industry and is the founder and Chairman of a commercial real estate company called Flyspaces. Along with handling this role is also holds the responsibility of Country Managing Director at Igloo. He completed his master’s degree in the International Economic Studies stream from IE Business School, then he started his career at Canon Bussiness Solution and as a Marketing & Sales Junior Account at Gruppo Viva srl. Later after several jobs, he was a co-founder and regional managing director of Rocket Internet GmbH.
Mario Berta was also a Visiting professor for the IE Business School, after gaining profound experiences from all of his jobs he decided to start a new company in the year 2015 called FlySpaces. This company now has 4,000 Spaces in Southeast Asia across 7 cities and is the leading platform for finding flexible office space. In the Igloo company, he is an Advisor, which has a mission of ‘Insurance for All’. he is also a global professional speaker and a judge for PropertyGuru in the Philippines in 2020
About FlySpaces
FlySpaces is Southeast Asia’s leading company which is a tech-based online commercial real estate agency that provides rental office spaces for short or long terms. FlySpaces is a convenient online platform for workspace for SMEs, startups, multinationals, etc. It provides flexible rental options and times in hours, day, month, or year. Finding your suitable office space is easy and the team will help you view the workplace and pricing, and also finalize the most cost-effective deal.
The company is a digital platform that will connect you with users and land owners to make the best choice of workplace and hence provide you with access to large options and choices. The working of the platform is simple and easy, you can browse the website and look for office space, and later you can book it, which is then followed by payment and documentation. There is no extra commission or fee involved and the aim is to help businesses upscale by providing 25% more cost-effective workspace than other companies in the market.
The working model for hour-based or day-based is like if one company is conducting a meeting the other solace like conference rooms can be given to another company or the well-furnished office space can be rented or leased for long-term like years. FlySpaces operates across 7 cities around 5 countries which include Singapore, Cebu, Kuala, Jakarta, Macau, Hong Kong, and Manila. One can also get assistance or guidance from the team member on the call which is the best and easiest way as with the flexibility in timings of renting.
Mario Berta was recognized by Tatler as Gen.T, Philippines in the year 2020. With his vast industry and technological experience, he was able to make FlySpaces a leading online platform in SEA in providing the most flexible workspace and helping all kinds of businesses and entrepreneurs solve the major issue of finding office space, hence making a sustainable business in commercial real estate sector.