GSIS orders Sofitel to vacate due to unpaid rent | Inquirer News
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GSIS orders Sofitel to vacate due to unpaid rent

/ 09:42 PM April 20, 2018

Sofitel Hotel INQUIRER file photo / MARIANNE BERMUDEZ

The Government Service Insurance System (GSIS) ordered the Philippine Plaza Holdings Inc., the company that owns Sofitel Manila, to vacate the place where the Sofitel hotel in Pasay City stands due to unpaid P80 million in rent.

In a notice to vacate, GSIS General Manager Jesus Clint Aranas said that Philippine Plaza Holdings has not paid its rentals since June 2006.  GSIS owns Lot 19 and Lot 41, where the hotel is located.

In a Radyo Inquirer report, Aranas said that GSIS reserves the right to use the lots for other purposes, such as leasing the land to other clients for the agency to have an income.

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He added that Sofitel cannot use it for free since they are classified as a commercial establishment.

Inquirer.net reached Philippine Plaza Holdings, Inc., for comments regarding the issue but the company’s representatives are unavailable as of posting time. /jpv

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TAGS: Government Service Insurance System, GSIS, Philippine news updates, Philippine Plaza Holdings, Sofitel Manila
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