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Exciting times for the local leisure industry

Aside from the retail industry, the local leisure industry as well is experiencing a big rebound as manifested by the construction of several new hotels, malls, restaurants and casinos.  Global management firm Bain & Co. recently reported that the Philippines, along with Malaysia and India,  is among the top three… ....

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NCR Grade 'A' office spaces: steady rent, high vacancies

OVERALL Grade A and Prime office vacancy in Metro Manila remains steady at 16.83 percent by the end of 2023 s third quarter, which is a 6-bps decline quarter on quarter (QoQ) from the reported vacancy of 16.90 percent in the second quarter and a 72-bps increase year on year (YoY) from the reported 16.12 percent vacancy in the third quarter of 2022. ....

Metro Manila , Philippines General , Tetet Castro , Cushman Wakefield , Claro Cordero , Tenant Advisory Group , Terms Of Service , Consulting Advisory Services , Manila Times , Advisory Services ,

Opportunities and threats for the local office market

Opportunities and threats for the local office market
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'Office vacancy rate in NCR rises in Q2 on hybrid work'

Office vacancies in grade “A” buildings in Metro Manila went up to 16.9 percent by the end of the second quarter, according to property management firm Cushman and Wakefield (C&W) Philippines. The company said the figure is 74 basis points (bps) higher than the estimated 16.16-percent vacancy rate recorded in… ....

Metro Manila , Philippines General , Claro Cordero , Tetet Castro , Consulting Advisory Services At Cushman Wakefield , National Capital Region , Head Of Research , Advisory Services ,

BPOs can put some PH offices at risk of obsolescence

BPOs can put some PH offices at risk of obsolescence
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