CBRE: Metro Manila office vacancy rises to 19.9% in 2024
Metro Manila office vacancy rate hits 19.9% in 2024, driven by IT-BPM downsizing and relocation. CBRE optimistic about recovery by 2025.
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Metro Manila office vacancy rate hits 19.9% in 2024, driven by IT-BPM downsizing and relocation. CBRE optimistic about recovery by 2025.
President Marcos leads the groundbreaking for the NAIA Terminal 3 station of the Metro Manila Subway, with construction set to begin in October.
Metro Manila reopens to new PEZA-accredited IT parks after a seven-year moratorium, creating fresh office supply as IT-BPM and global capability center demand…
Essential public safety services are now more accessible than ever as the Bureau of Fire Protection Pasay City, in partnership with SM Supermalls, officially…
Independent recognition highlights Eton’s competitiveness and resilience in the office market amid rising vacancies in Metro Manila.
Over 3,000 PNP officers were deployed across Metro Manila to ensure public safety during the three-day Iglesia ni Cristo rally starting 15 November 2025.
Early recovery marked by higher transaction volumes, pre-leasing resurgence
Metro Manila’s retail sector shows strong recovery in Q1 2025 as mall vacancies fall to 13.1%, rents rise, and foreign retailers expand, signaling renewed…
Experts predict that demand will recover by the end of 2025, especially as companies regain confidence in the economy.
The Bay Area, Quezon City and Makati Fringe areas are expected to account for half of the new office supply in 2025.
The office vacancy rate in the Philippines hit a record 19.8% in 2024, with Colliers predicting it will rise to 22% in 2025 due to new office space influx. The…
