For the first half of 2025, the country’s average industrial vacancy rate is stable at 15.6 percent, but the figure will soon increase due to the more than 1,000 hectares of new industrial space, with Central Luzon cornering 870 hectares of upcoming supply. With the new industrial stock scheduled...
The Metro Manila residential property market may have already turned a corner as the aggressive promotions launched by developers have accelerated sales of ready-for-occupancy units, while fewer buyers are giving up on partially-paid units. “This is the good news that we’re seeing right now. If...
The Makati Central Business District (CBD) remains the top preferred office address by companies due to its central location, intermodal transport system, pedestrian-friendly infrastructure, range of services, and both green and open spaces. Banking and finance companies, outsourcing firms, IT...
The retail sector takes an upbeat turn to innovate the consumer experience by offering immersive, experiential activities that can be shared with friends and families. Such significant developments are also marked by the developers’ bold move to refresh retail space, expansion of foreign brands,...
The latest Colliers Philippines ' office market report indicated that Metro Manila’s office sector posted an early recovery in the first quarter of 2025, with transaction volumes improving from last year 's subdued performance. While the net take-up was positive, this set the pace of...
Mall vacancy is projected to return to pre-pandemic levels this year as foreign retail brands strive to capture the interest of a populace that still prefers shopping inside physical malls, according to a report by property advisory firm Colliers. In its first quarter Metro Manila retail report,...
With major infrastructure projects and a dynamic workforce, Central Luzon will continue attracting more property developments in the region, Colliers Philippines Senior Researcher Joey Bondoc mentioned. At the recent business forum titled "Talakad: Central Luzon 's Economic Rise" held at...
