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Office space demand hits highest since pandemic started

Demand for office space in the Philippines hit its highest level since the start of the pandemic in January 2020 at 313,000 square meters (sqm) during the third quarter of 2022 as the IT-BPM sector is seen to continue expanding. A study by Leechiu Property Consultants (LPC) also noted that the thi
Metro Manila Philippines General Roy Golez Mikko Barranda David Leechiu Leechiu Property Consultants
Source: mb.com.ph

IT-BPM sector driving demand for PH's real estate growth

INCREASED DEMAND. Demand for office spaces rises significantly in the second quarter of 2022, driven by the IT-BPM sector. Leechiu Property Consultants officials said increased requirements for services of the business process outsourcing (BPO) sector are boosting firms' needs to add office spaces. (PNA file photo) MANILA - The information technology-business process management (IT-BPM) sector drove office demand in the Philippines' real estate sector in the second quarter of 2022, offic...
Negros Oriental Batangas City Metro Manila Philippines General Calamba City Davao City

REITs unaffected by overall office supply situation

The 67-percent price appreciation to date since the launching of AREIT shares and four subsequent Real Estate Investment Trust (REIT) listings by the largest national developers have compelled savvy investors to seriously consider this alternative investment option, according to Roy Golez, research and consultancy director of Leechiu Property Consultants (LPC).…
Roy Golez Mikko Barranda Tam Angel Jo Abellanosa Real Estate Investment Trust Philippine Economic Zone Authority Peza

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