At the start of the year, Colliers Philippines highlighted a strong resurgence in occupier activity, signaling renewed confidence in the office market. More than 60 percent of demand was driven by traditional occupiers, with third-party outsourcing and shared services also playing a significant...
Based on the 2024 mid-year report of the Prime Philippines, a total occupancy rate of 80 percent at the close of H1 2024, the Philippine office market ranks among the strongest across the globe, behind only Singapore and India. In Metro Manila alone, according to Colliers Philippines, office space...