The Philippines: Office space in high demand - OBG

The Philippines: Office space in high demand

Demand for housing and office space in the Philippines is expected to remain high on the back of impressive economic growth. Despite an increase in new space, property developers expect vacancies in premium residential and office space across business districts to remain scarce.
Reports put the occupancy rate in the central business districts (CBDs) of Metro Manila, the country’s commercial bellwether, at 97% in the first quarter of 2013 ... Read more.

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