Philippines

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.

The Philippines’ data centre capacity to triple in the next few years

Several facilities are expected to be built, which will expand the country’s current capacity of 96MW.

Where does Philippine real estate stand in terms of sustainability?

The number of certified green buildings recorded a CAGR of 4.6% as of 3Q21.

Manila's retail vacancy rate of 7.7% breaches previous record

Manila hit a new 15-year record in Q2 as it overtook the 7% vacancy rate recorded in Q1.

Philippines’ lacklustre office absorption dampens residential demand

Residential vacancy increased from 15.6% in Q4 2020 to 16.3% in Q2 2021.

Familia Apartments at Bamboo Lane clinches Special-Purpose Development of the Year - Philippines at Real Estate Asia Awards

It has contributed to addressing the backlog in providing quality shelter for the common Filipino.

Manila records lowest residential vacancy since the pandemic hit

Vacancy improved to 9% in Q1 2021, the lowest since Q2 2020.

Manila’s office vacancy rate hits 12-year highs in Q1

Vacancy rate reached 9.8% in Q1, the highest since 2009.