For more information, please contact:
Ramon Jose E. Aguirre Manager | Research Tel - 632.888.9988 ext. 4030 Mobile - 63917.504.3200rj.aguirre@colliers.com
Philippine Market Overview - 2nd Quarter 2010Office leasing got a boost from renewed expansion demand from the BPO sector while residential condominium sales continue to improve behind affordable payment terms. Confidence in the property market should continue over the next twelve months behind a stronger economic backdrop.
Philippine Market Overview - 1st Quarter 2010The office sector is finally on an uptick as expansion demand continues to pick up in the last six months. There is an optimism that this positive trend will persist in the next twelve months, and industry players are quick to acknowledge and to take advantage of this momentum.
Philippine Market Overview - 4th Quarter 2009The office market looks like it reached its bottom with rental corrections tapering off in the fourth quarter. Demand started to pick up at the same time new supply additions completed. Although Metro Manila-wide vacancy rates are still high, expect vacant office spaces to be taken up gradually.
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