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PHILIPPINE MARKETBEAT REPORTS

Claro Cordero Jr. • 21/01/2021
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: Overall vacancy rates also increased by 145 basis points to 7.8%, driven mainly by the continued flight of the Philippine Offshore Gaming Operators (POGO) locators. The re-opening of previously-committed spaces in recently-completed buildings due to indefinitely suspended expansion plans is also pushing vacancy rates further upwards.

Investment: Estimated average office (gross) rental yields in Q4 2020 remained at 6.7%. Year-on-year (YoY), the rental yields declined by about 40 basis points from its level in Q4 2019.

Learn more by clicking our most recent Philippine MarketBeat reports below.

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