Vacancy rate in office space this year could further exceed growth in demand with new stocks coming on stream, according to the country’s leading property management and consultancy firm Colliers.
Kevin Jara, Colliers Philippines head of the office sector in his presentation at the Q4 2022 Ph
Demand across all property segments in the country are improving, but the rising interest rate is going to tame growth as some companies are expected to hold off expansion plans in the industrial sector and flattening growth in land values in the residential sector, according to a leading property a