Philippines
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.
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.
Manila’s Q3 office net absorption eases to -46,700sqm
It was -58,400 sqm in the previous quarter.
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 office vacancy rate reaches record highs since 2005
It surged 726bps to 12% in Q2 2021.
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.
Most Read
1. Global real estate investment to breach US$1t by 2026 2. How demographic changes will impact Hong Kong’s retail market 3. Singapore GLS programme to offer 8,505 units in H1 2025 4. Distressed sales to attract investor attention in Hong Kong next year 5. Guess which cities lead retail innovation in Asia PacificResource Center
Read Here
Advertise
Sign Up
Event News
It sets new standards for office developments with its striking design and strategic location.
