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BPOs, e-commerce driving 'steadily improving' office demand into Q1 — property firm - Vimarsana News

BPOs, e-commerce driving 'steadily improving' office demand into Q1 — property firm

endIndex: Metro Manila (CNN Philippines, April 12) — Office space rentals saw demand improve anew in the first quarter of 2021, a property consultancy group revealed Monday. In a statement, Leechiu Property Consultants said 109,000 square meters of commercial space had been leased in the first three months of the year. This is up by 22% from the 89,000 sq.m. taken up the quarter prior, and by a whopping 68% from the 65,000 sq.m. in the third quarter of 2020. The turnout in office spaces indicates firms have been “thinking long term and are preparing to go back to the office,” noted the...

SMDC South 2 Residences: The Right Time and Place for Real Estate Investment - Vimarsana News

SMDC South 2 Residences: The Right Time and Place for Real Estate Investment

(Supplied photo) For most entrepreneurs and professionals, it’s conventional wisdom to invest money rather than letting it sit in a bank with low-interest rates. However, many Filipinos are afraid to lose their hard-earned salary to failed investments. The problem lies with their lack of knowledge of investment options that provide strong and steady investment returns. One of the safest investment options today is real estate. Through the booms and busts of the Philippine economy, the real estate industry has shown impressive resilience. The Residential Real Estate Index of Bangko Sentr...

Recovery in sight for PH real estate sector — Leechiu - Vimarsana News

Recovery in sight for PH real estate sector — Leechiu

Recovery in sight for PH real estate sector — Leechiu enablePagination: false endIndex: Metro Manila (CNN Philippines, February 2) — The pandemic-stricken property sector is exhibiting ‘early signs’ of a rebound, a consulting firm said. In a statement, Leechiu Property Consultants chief executive officer David Leechiu said while this year would not be “all smooth sailing” for the industry, it will “recover faster than expected due to a confluence of factors,” like the sustained expansion of the business process outsourcing industry in the Philippines. BPOs are projected to fl...

BPO firms taking up POGO-vacated office spaces - Vimarsana News

BPO firms taking up POGO-vacated office spaces

BPO firms taking up POGO-vacated office spaces Share on email Increased demand from the information technology-business process management (IT-BPM) sector took up office spaces vacated by Philippine Offshore Gaming Operators (POGO) since the second quarter this year, boosting opportunities for the real property sector amid the pandemic. Photo credit: www.iloilobusinesspark.com.ph In a virtual briefing Tuesday, Dec. 15, Leechiu Property Consultants chief executive officer David Leechiu said improved fundamentals, along with government measures to address the pandemic and raise funds, and the r...

Strong foot traffic in malls, BPO expansions show signs of PH recovery – property firm - Vimarsana News

Strong foot traffic in malls, BPO expansions show signs of PH recovery – property firm

Strong foot traffic in malls, BPO expansions show signs of PH recovery – property firm enablePagination: false (FILE PHOTO) Metro Manila (CNN Philippines, December 15) — The economy appears on track for a strong recovery, marked by a return of customers in retail outlets and pulled up by the booming outsourcing sector, Leechiu Property Consultants said. In its fourth quarter report, the real estate firm said early signs from the property sector show hints of a "market euphoria". Its founder David Leechiu said the rollout of big-ticket infrastructure projects, a resilient property market,...