Metro Manila’s office market is poised to a strong recovery starting in the fourth quarter of 2022, according to property consultancy Lobien Real Group (LRG).
Property consultancy Lobien Realty Group (LRG) said about 400,000 square meters (sq.m.) of office space in Metro Manila will be occupied by information technology-business process management (IT-BPM) companies over the next six months
The Philippine office space industry is currently in a recovery phase which makes it a “tenant-market” in terms of rent prices. However, as the recession suffered by the industry is not market-driven but an external, artificial shock,
Despite all the past, present, local, and global challenges and disruptions that have befallen the Philippines over the past two years, the Lobien Realty Group has observed that Metro Manila’s office market has ably survived and is
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Philippine Daily Inquirer / 02:29 AM April 02, 2022