Asia's office market
Manila office vacancy hits 18% amidst supply surge
Manila office vacancy hits 18% amidst supply surge
Achievable rents for new leases and renewals currently sit 15 to 20 percent below headline rates in fringe areas.
POGO exit drives repurposing of office spaces
Developers respond to Metro Manila vacancies with flexible space formats.
Flight-to-quality: Firms reconfigure to smaller but better spaces
Knight Frank also expects rents to increase 3% to 5% this year.
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