Steady rates expected for prime developments in CBDs — Cushman & Wakefield bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Office space market in slow recovery malaya.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaya.com.ph Daily Mail and Mail on Sunday newspapers.
OVERALL Grade A and Prime office vacancy in Metro Manila remains steady at 16.83 percent by the end of 2023 s third quarter, which is a 6-bps decline quarter on quarter (QoQ) from the reported vacancy of 16.90 percent in the second quarter and a 72-bps increase year on year (YoY) from the reported 16.12 percent vacancy in the third quarter of 2022.
Elevated office vacancy rates to persist — report - BusinessWorld Online bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Office vacancies in grade “A” buildings in Metro Manila went up to 16.9 percent by the end of the second quarter, according to property management firm Cushman and Wakefield (C&W) Philippines. The company said the figure is 74 basis points (bps) higher than the estimated 16.16-percent vacancy rate recorded in…