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Aboitiz InfraCapital (AIC) recently appointed Leechiu Property Consultants (LPC) as the exclusive broker of LIMA Tower One, the first Peza-registered office tower in the 794-hectare LIMA Estate in Lipa-Malvar, Batangas. Now under construction, the 11-story office tower is designed to meet requirements of business-process outsourcing (BPO) firms, and further boost…
The Philippines aims to become a data center hub in the region with some Western companies looking to tap the data center market in the country, according to property consultant David Leechiu.
"Risk is that big chunk of companies terminates their leases," Leechiu said.
Philippine office demand is expected to pick up in the next six months led mainly by the information technology-business process management (IT-BPM) sector as COVID-19 restrictions ease, real estate services firm Leechiu Property Consultants (LPC) reported.
The Philippine Offshore Gaming Operator (POGO) industry is expected to make a comeback this year after a two-year downturn, property experts say.