Philippines
Residential vacancy rates in Manila hit double-digit record of 11% in Q2
Residential vacancy rates in Manila hit double-digit record of 11% in Q2
The last time vacancy hit double digits was in 2005.
Philippines may see lowest level of completions across all asset classes in years: JLL
Adaptability of real estate stakeholders will play a vital role in pivoting the industry’s challenges into opportunities amidst the declining supply and demand of spaces across all asset classes.
Philippine retail rents slip -0.8% in Q2 for the first time since 2009
Metro Manila landlords have become more lenient as they strive to retain contracts.
Philippine logistics demand to grow by 160,000sqm annually over the next 10 years
E-commerce firms and third-party logistics are driving the demand for high-specification spaces.
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