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Office deals in Metro Manila up 154 percent in Q2 2021

PROPERTY consultancy firm Colliers International Philippines reported that office transactions in the National Capital Region (NCR) reached 84,700 sq m in the second quarter (Q2) of 2021, up 154 percent from the 33,400 sq m recorded in Q2 2020 as tenants expanded and implemented flight-to-cost and flight-to-quality measures. Based on…

Office vacancy in Metro Cebu up in Q1

BSP to release commercial property price index

BusinessWorld June 4, 2021 | 12:02 am THE BANGKO SENTRAL ng Pilipinas targets to start releasing a quarterly commercial property price index within this year. BW FILE PHOTO THE CENTRAL BANK will start to release a commercial property price index within the year as it broadens its watch on the sector, which an expert said could also help the industry establish better benchmarks and valuations. “As part of expanding the surveillance on financial exposures of banks to, and price trends, in the property sector, the BSP (Bangko Sentral ng Pilipinas (BSP) will be releasing the Commercial Property Price Index (CPPI) within the year,” BSP chief Benjamin E. Diokno said at a briefing on Thursday.

Lumina Homes partners with Streamtech for residents high-speed internet – Manila Bulletin

Published May 24, 2021, 1:52 PM Colliers International Philippines recently said that there’s an increasing demand for smart buildings and homes. As expected, home seekers continue to look for places conducive to the WFH scheme, online learning, as well as e-commerce. A year after the lockdown started, people have adjusted to working and studying from home but only those with fast and reliable internet connection. With its residents and customers as top priorities, Lumina Homes, the affordable housing arm of Vista Land, partnered with Streamtech one of the Philippines’ newest internet service providers to provide high-speed internet to its subdivisions. In February, two lucky Streamtech subscribers each won a brand new Lumina house-and-lot for its “Subscribe, Stream, and Win” promo. Continuing on the successful partnership, Lumina Homes is set to offer Streamtech’s unlimited, high-speed internet to its homeowners, which can be bundled with cable TV services through Plan

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