Office: Metro Manila’s office market thrives in 2024, driven by government and IT-BPO demand — KMC Savills Metro Manila’s office market experienced a remarkable resurgence in 2024, with overall net absorption reaching an impressive 282,600 square meters, a 290 percent increase from the...
The regional office market across the Philippines saw significant improvement in 1H 2024, driven by ongoing development and the completion of numerous buildings. The Visayas office market, in particular, demonstrated strong growth, led by Iloilo’s addition of 105,200 sqm of office space with Cebu...
An optimistic outlook is forecasted for the Philippine real estate market in 2024, according to a report by KMC Savills, the country's leading real estate brokerage and consultancy firm. Supported by the Bangko Sentral ng Pilipinas (BSP) report indicating a projected decrease in inflation to two to...
KMC Savills, the country’s leading real estate brokerage and consultancy firm, launched its first-ever Regional Office Briefing highlighting the latest property updates and outlook for the top cities of Cebu, Clark, Davao, Iloilo, and Bacolod. Starting the event, KMC Savills Executive Director...
KMC Savills report The local warehousing and logistics industry continues to be the ‘saving grace’ of the Philippine economy, with investment pledges for transportation and storage growing almost nine-fold in 2020, according to a real estate and brokerage firm. In its...