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Office MarketBeat Report

Claro Cordero Jr. • 06/05/2025

The average headline rent for Prime and Grade ‘A’ developments in Metro Manila was recorded at PHP 987 per sqm per month by the end of Q1 2025, reflecting a minor decline from the previous quarter's rate of PHP 990 per sqm per month.

Despite current high vacancy rates, rents in key Central Business Districts (CBDs) such as Makati and Taguig City are expected to remain stable in the medium term.

 

MORE INSIGHTS

Philippine Property Market News (January 2020)
Research

Philippines Property Market News

Our May 2025 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.
Claro Cordero Jr. • 30/06/2025
Reshaping The City Web Page Card Image.png
Research

Reshaping the City Report 2025

Australia’s CBDs are evolving and so is the commercial office market. With more than 2 million square metres of prime office leases set to expire in Sydney and Melbourne between 2026 and 2028, competition is heating up.
23/06/2025
what occupiers want 2025-hero mobile.jpg
Research

What Occupiers Want: Global Survey Results 2025

In partnership with CoreNet Global, Cushman & Wakefield presents the 2025 edition of What Occupiers Want—our biennial global survey that captures key priorities and perspectives into the shifting dynamics of decision-making, investment, workplace trends and portfolio strategies of occupiers worldwide.
Despina Katsikakis • 20/06/2025
Fit Out Cost Guide 2025_Web Card.jpg
Insights • Investment / Capital Markets

Instant Insight #1 Office Fit Out Cost Guide

In Korea, higher construction costs have pushed up rents for new buildings. 
Suki Kim • 09/06/2025
Sorim Jie card image
Insights • Workplace

Sorim Jie: Seoul's Office Market Remained Sought After with Low Vacancy Rates

Korea office market has not been largely affected by Covid-19 nor WFH. Although there has been a slowdown in rent increase and net absorption, the vacancy rate in major business district is still under 5% and the cap rate still at mid-4% for Grade A offices.
Sorim Jie • 13/05/2025
APAC Marketbeat
MarketBeat

Philippine MarketBeat

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Claro Cordero Jr. • 06/05/2025
Philippine Real Estate_mobile.jpg
Research

Charting New Territories: Philippine Real Estate Market’s Dynamic Landscape

Despite challenges facing the Philippine real estate market, established CBDs remain resilient, and the diversification into multiple sub-markets offers new opportunities.
Claro Cordero Jr. • 30/01/2025
Rethinking the office sector
Research • Workplace

Rethinking the office sector in Asia Pacific

Our report takes a deeper dive into the underlying dynamics and drivers across The APAC region’s major markets and provides a roadmap for asset optimisation.
21/06/2023
Rethinking the office sector
Research • Workplace

Rethinking the office sector in Asia Pacific

Our report takes a deeper dive into the underlying dynamics and drivers across The APAC region’s major markets and provides a roadmap for asset optimisation.
21/06/2023
China Sustainability Climate Positive Report 2022
Research • Sustainability / ESG

Climate Positive, Proof Positive

The built environment can reduce its emissions by going net zero, but some real estate enterprises today are looking to go climate positive, an initiative that goes above and beyond. Here, net zero carbon emissions are achieved and surpassed whereby an environmental benefit is produced by eradicating additional carbon dioxide (CO2) from the atmosphere.
 
Shaun Brodie • 28/07/2022
China Post Lockdown Recovery June 2022
Research • Economy

Post-Lockdown Recovery — Outlook And Emergent Opportunities For The Real Estate Market In Mainland China

Several COVID-19 Omicron variant outbreaks have had a major impact on production and life in general in some Chinese cities. Local governments have taken active measures to deal with the epidemic and effectively promote steady economic growth. As production and markets reopen in cities like Shanghai, we believe economic recovery is at hand.
Shaun Brodie • 07/06/2022
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