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.
Bu hikaye The Philippine Star dergisinin February 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Philippine Star dergisinin February 10, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
WHAT DO WE LOVE ABOUT J MALL?
We asked Cebu's most in-the-know locals and the country's globe-trotting tastemakers about their favorites from Cebu's hottest opening.
HENRY SY FOUNDATION EMPOWERS EDUCATION ADVANCEMENT WITH UNIVERSITY OF SAN CARLOS PARTNERSHIP
The Henry Sy Foundation, Inc. (HSFI) has extended support to the University of San Carlos (USC) as part of its Diamond Jubilee initiatives, furthering HSFI's commitment to empowering Filipino youth and fostering achievement.
J MALL: WHERE TRADITION MEETS INNOVATION
Central Visayas has seen the highest growth rate among the country's regions at 7.3%, and at its heart is Mandaue City, the industrial hub of the region, hosting around 10,000 industrial and commercial locators.
A NEW ERA OF URBAN RENEWAL
It is easier to tear old structures down and build a completely new one from the ground up, but SM Prime Holdings wasn't eyeing \"easy\" when they envisioned SM J Mall.
SPRINGTIME TOKYO IN CEBU
Manila and Cebu's movers and shakers gather under the delicate shower of cherry blossoms for the opening of J Mall, SM and Mandaue City's newest lifestyle destination.
KORINA SANCHEZ COMES FULL CIRCLE WITH 'FACE TO FACE'
If we're not mistaken, the award-winning broadcaster and producer currently has the most number of programs across different networks and platforms.
Jonathan Roumie of 'The Chosen' is coming to Phl
Jonathan Roumie, the actor beloved for his portrayal of Jesus in \"The Chosen,\" is set to visit Manila for a fan screening event on Nov. 22, an early Christmas gift for Pinoy fans of the ground-breaking series.
Ely Buendia: Fame didn't mix well with me
OPM icon Ely Buendia marks a fresh chapter in his solo career with the release of his sophomore album, Method Adaptor, now available via Offshore Music and Sony Music Entertainment.
FOR DULCE, LOVE IS WORTHLESS IF YOU DON'T GIVE YOUR ALL
Dulce and I share a beautiful friendship for life. We know each other so well, which makes it difficult for me to sit down with her for a one-on-one interview.
P-pop girl group KAIA shares music advice from SB19
The members of the P-pop girl group KAIA are grateful for the support that they are getting from other P-pop groups, especially SB19.
