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Cushman & Wakefield Announces Strategic Leadership Appointments in the Philippines
The appointments reflect strong confidence in the Philippines’ real estate market, driven by its strong talent base and the growth of Global Capability Centers (GCC).
Claro Cordero Jr. • June 01, 2026
Cushman & Wakefield Announces Strategic Leadership Appointments in the Philippines
Cushman & Wakefield announced a series of strategic leadership appointments in the Philippines, underscoring its confidence in the country’s dynamic and fast-evolving real estate market.
Claro Cordero Jr. • November 13, 2025
Philippine Real Estate Market Shows Resilience and Growth in Q2 2025 Amid Economic Shifts
Cushman & Wakefield has released its Q2 2025 Philippine Office and Investment MarketBeat report, highlighting growth opportunities and market challenges of the country's evolving commercial real estate landscape.
Claro Cordero Jr. • August 28, 2025
Cushman & Wakefield Reports Resilience in Asia Pacific and Philippine Real Estate Markets Amid Major Global Policy Shifts
In a recent briefing, “The 2025 Triad: Trump’s Return, ASEAN’s Rise and the Philippine Property Path,” Cushman & Wakefield emphasizes that despite elevated uncertainty stemming from significant U.S. policy shifts during President Trump’s initial 100 days, the Asia-Pacific region enters 2025 with marked resilience.
Claro Cordero Jr. • May 29, 2025
Charting New Territories: Philippine Real Estate Market’s Dynamic Landscape
The Philippine real estate market is currently experiencing unique challenges, unlike any previous cycles. This distinct environment is shaped by unprecedented factors such as the global pandemic, geopolitical tensions, and rapid technological advancements, according to Cushman & Wakefield (NYSE: CWK).
Claro Cordero Jr. • February 18, 2025
Q3 2024 Philippine Office & Investment MarketBeat Reports
By the end of Q3 2024, the overall vacancy rates for Prime and Grade ‘A’ Office developments in Metro Manila rose by 280 basis (bps) quarter-on-quarter (q-o-q) and by 136 bps compared to the previous year.
Claro Cordero Jr. • November 02, 2024
Q2 2024 Philippine Office & Investment MarketBeat Reports
Overall vacancy of Prime and Grade ‘A’ offices in Metro Manila was estimated at 15.2% by end-Q2 2024, a 129-basis point decrease from the reported vacancy rate of 16.5% in the previous quarter. Additionally, this figure is 167 basis points (bps) lower than the reported vacancy rate of 16.9% in the same quarter the previous year.
Claro Cordero Jr. • September 02, 2024
Q1 2024 Philippine Office & Investment MarketBeat Reports
Whilst no new office space completions were recorded, overall vacancies in Prime and Grade 'A' office spaces in Metro Manila soared by 26-bps in Q1 2024 to 16.53%, as compared to a vacancy of 16.26% in the previous quarter. Office take-up has slowed down in Q1 2024 resulting in a negative net absorption of roughly 25,000 sq.m.
Claro Cordero Jr. • May 24, 2024
Q4 2023 Philippine Office & Investment MarketBeat Reports
Overall Grade ‘A’ and Prime office vacancy in Metro Manila remains steady at 16.83% by end-Q3 2023, a 6-bps decline QoQ from the reported vacancy of 16.90% in Q2 2023 and a 72-bps increase YoY from the reported 16.12% vacancy in Q3 2022.
Claro Cordero Jr. • February 01, 2024
Q2 2023 Philippine Office & Investment MarketBeat Reports
Overall Grade ‘A’ office vacancies in Metro Manila increased to 16.90% by end-Q2 2023, a 74-bps increase q-o-q from the estimated 16.16% vacancy rate in Q1 2023 and a 69-bps increase y-o-y from the 16.2% vacancy rates estimated in Q2 2022.
Claro Cordero Jr. • July 26, 2023
Q1 2023 Philippine Office & Investment MarketBeat Reports
Overall Grade ‘A’ office vacancy rate in Metro Manila closed at 16.16% at the end of Q1 2023, which is a 21 bps increase q-o-q from 15.95% in Q4 2022 and an 80 bps increase y-o-y from 15.36% in Q1 2022.
Claro Cordero Jr. • May 18, 2023
Q4 2022 Philippine Office & Investment MarketBeat Reports
Average vacancy rates marginally increased to 16.13% in Q4 2022 from 16.12% in Q3 2022, as average rental rates similarly registered a slight softening of 0.16% quarter-on-quarter (q-o-q) in Q4 2022 primarily due to the volume of new stock completions.
Claro Cordero Jr. • February 01, 2023
