In its latest quarterly property report, Colliers said the 2023 net absorption is higher than the 110,500 sqm registered in 2022 and also exceeds its 220,000 sqm forecast for the year.
"Metro Manila office market performed better than expected compared to initial projections. Net take-up in 2023 more than doubled compared to the previous year, with transactions continuing to outpace lease surrenders," Colliers Philippines said.
Data from Colliers showed that office space deals across Metro Manila reached 827,700 sqm, up 37 percent from the 603,800 sqm a year ago.
Esta historia es de la edición February 10, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición February 10, 2024 de The Philippine Star.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Geneva Cruz opens up on finding love again
Christmas 2024 was “extra special” for singer-actress Geneva Cruz because she celebrated it with love in her eyes, as one may put it.
In Cruising, The Short Sail Is The New 'In' Thing
In the Golden Age of Cruising in the 1950s, people could literally spend weeks on a boat.
Robbie Jaworski on What Parents Mikee and Dodot Taught Him About Fame and Family
In 2025, Robbie Jaworski is set to be one of the faces to keep an eye on.
BINI, Dionela and the sounds that defined 2024
We closed 2023 with Juan Karlos suspended in the air with his Ere and now we are closing 2024 with alt pop act Dionela who scored big with Sining featuring R&B star Jay R. He is now on the solo route with the No. 1 selling Marilag. Between them are the music of some of the most exciting music discoveries ever and of long-time favorites who continue to dominate the hit lists year after year.
'GREEN BONES': DENNIS TRILLO DELIVERS HIGH-WIRE ACT IN MUST-SEE MMFF THRILLER
Delivers High-Wire Act in Must-See MMFF Thriller
How To Leap And Soar Into 2025
As the year unfolds, why not break free from the usual annual \"lose weight\" or \"save money\" resolutions?
Redefining success and productivity
As we enter 2025, many of us feel compelled to set ambitious plans, resolutions and goals to conquer every aspect of our lives. But what if productivity isn't about doing more but focusing on what truly matters? That cup is filled not by striving for perfection but by cultivating balance, adaptability, and meaningful moments in life.
WHAT WE ALL GOT WRONG ABOUT LIFE INSURANCE
In the hypothetical scenario of being the primary provider for one's family, the sudden occurrence of a debilitating illness, a serious accident, or the untimely death of the breadwinner could lead to significant financial strain.
Digital Transformation in Public Education: A Necessity
The private sector should take a more proactive role in driving the digital transformation in public schools through the Department of Education (DepEd)'s Adopt-a-School Program, according to think tank Stratbase Institute.
Phl Booters Finally Solve Thai Puzzle
It was the stuff of legend.
