Philippines
Metro Clark office vacancies reach 34.3% in H2 2022
The expansion of the IT-BPO sector will push Metro Clark’s rebound this year.
Metro Clark office vacancies reach 34.3% in H2 2022
The expansion of the IT-BPO sector will push Metro Clark’s rebound this year.
What could drive data centre growth in the Philippines
The country’s data centre capacity is around 75 megawatts.
Here’s a rundown of the Manila office property sector’s Q4 performance
Over 43,000sqm of leasable office space was made available in Q4 2022.
Metro Manila office market rebounds in 2022
The capital region saw a net absorption of 270,900 square metres.
Crucial factors that will lift Philippine real estate amidst headwinds
The IT business process management industry is one of the key factors.
Manila’s residential vacancy rate declines to 7.5% in Q3
It declined by 117.4 bps vs the previous quarter.
Manila retail net absorption drops to -9,900sqm in Q3
Over a quarter of move-outs were by F&B operators.
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.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
