While the office leasing market has been recovering from the huge vacancies left by the exit of the POGO sector, tenants are seen to be taking smaller bites of new offices as their requirements have been reduced due to flexible work arrangements preferred by employees. In a media briefing, Janlo...
Leading the partnership signing are (from left) Arnie Batac, chief operating officer, MREIT Inc.; Lourdes Gutierrez-Alfonso, president, Megaworld Corp.; Joey Radovan, country head, JLL Philippines; and Michael Glancy, JLL managing director for Thailand, Vietnam, Indonesia, and the...
But how to get more of them? Logistics and transportation of Container Cargo ship and Cargo plane with working crane bridge in shipyard at sunrise, logistic import export and transport industry background The logistics sector is the darling across class assets in the property sector, but big...
The office rental rates in Metro Clark in Pampanga will slightly go down next year amid the expected turnover of 280,000 square meters (sqm) of new spaces, an official from the real estate consultancy firm JLL Philippines said. In a virtual briefing on Tuesday, Ian Perez, director for capital...
Except logistics The logistics sector is the lone silver lining in the domestic real estate market in this pandemic as all others are experiencing all-time high vacancy rates, according to a leading property management and consultancy firm. “The current overall the vacancy levels across...
High vacancy and falling rents hound office, retail and residential property segments, but the luxury residential remained undaunted by the overall economic slowdown caused by the global pandemic. Janlo Delos Reyes, head of research and consultancy at JLL Philippines, at the company’s 3Quarter...
