Philippines
Manila office rents inch up 1.1% in Q3
Leasing demand improved as companies returned to office.
Manila office rents inch up 1.1% in Q3
Leasing demand improved as companies returned to office.
Manila to see 808,900 sqm of new office space this year
The vacancy rate is forecast to hit 18.2% by year-end.
Manila retail net absorption hits 23,800sqm in Q2 as store openings abound
Muji and Nike opened 1,400sqm and 1,300sqm stores, respectively.
Manila residential vacancy rate declines to 8.7% in Q2
It contracted by 72.8bps q-o-q, signalling an improvement in leasing demand.
Manila office rents dip 0.2% in Q2
Rental declines were only observed in newly vacated spaces.
Luxury retail projects to watch out for in the Philippines
The 30,000-sqm Mitsukoshi Mall is slated to open in Q4 2022.
The Philippines’ office net absorption finally turns positive after seven quarters
Net take-up was at 26,400sqm in Q2.
Manila residential vacancy rate declines 50bps to 9.4% in Q1
Thanks to local professionals’ activation of leases.
Manila prime retail market plagued by pull-outs in Q1
As a result, net absorption reached -7,300sqm during the quarter.
Sustainable office spaces are here thanks to Filinvest REIT Corp
The company wins awards at the Real Estate Asia Awards 2022.
The Instant Group delivers hyper-flexible and agile workplace for Pru Life UK
The company wins at the Real Estate Asia Awards 2022.
Leading the way to a vibrant future with Alveo Land
The company wins at the Real Estate Asia Awards 2022.
Manila net office absorption finally turns positive in Q1 at 216,900sqm
Net absorption has been negative for four consecutive quarters.
Philippine office leasing volume surges 75% in Q1
Leasing volumes hit 132,385 sqm during the quarter.
Manila net office take-up to reach 3.3m sq ft this year
And residential vacancy rates could ease to 16.2%.
Manila office rents inch up 0.6% in 4Q21
Capital values also incrementally increased by 0.8% q-o-q.
Manila retail net absorption hits 285,400sqm in 4Q21
This is the highest figure in the last six quarters.