In 2024, the office vacancy in Metro Manila was at a record high at 19.8 percent, according to Joey Bondoc, senior researcher at Collier’s Philippines. At the press briefing held at the Grand Westside Hotel on March 18, he further reported a projected 22 percent vacancy rate increase this year....
The onset of economic reforms and foreign investment in the 1980s spurred commercial and residential property development in the country, marked by increased competition and diversification of the property sector. Single-use property developments have evolved to mix-use properties since the 1990s...
The 35-story One Filinvest in Ortigas Center is the newest addition to Filinvest Land's roster of LEED-certified offices as it has recently earned LEED Gold certification. The award ceremony, held last March 29, 2023 at Dusit Thani Manila, recognizes the building's exceptional environmentally...
If there’s one realization this global pandemic has confirmed, it is that serviced residences have become an alternative not just for the traveling business set, but for anyone needing extended leisure stays away from home. Whatever pre-2020 notion one might have had of these home-away-from-home...
The Bureau of Customs has confiscated three bottles of medicine which turned out to be containing marijuana in a foiled smuggling attempt into the country through the Port of Clark International Airport. The bottles were inside a parcel that was declared as “over counter drugs for personal...
Greenergy Holdings Inc., the listed holding firm of businessman Antonio Tiu, is optimistic after the Australian government's recent landmark decision allowing over the counter sale of CBD or cannabidiol oil. This bodes well for Greenergy which last year acquired a 50 percent stake in the...
