manila office net absorption
The Philippines’ office net absorption finally turns positive after seven quarters
Net take-up was at 26,400sqm in Q2.
Manila net office absorption finally turns positive in Q1 at 216,900sqm
Net absorption has been negative for four consecutive quarters.
Manila office rents inch up 0.6% in 4Q21
Capital values also incrementally increased by 0.8% q-o-q.
Manila’s Q3 office net absorption eases to -46,700sqm
It was -58,400 sqm in the previous quarter.