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Industrial vacancy seen to drop to 4 7%

VACANCY in industrial estates is seen declining to 4.7 percent this year from 5.7 percent in 2022 as investments from manufacturing, e-commerce and logistics industries happen, Colliers Philippines said on Wednesday. Joey Bondoc, research director at Colliers Philippines, is bullish on the decline in industrial spaces nationwide by one percent…

New brokerage firm opens in Cebu

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