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Office MarketBeat Report

Claro Cordero Jr. • 04/05/2026

The Metro Manila office market saw steady improvement in overall conditions during Q1 2026. Prime and Grade ‘A’ vacancy rates dropped slightly to 17.1% from 17.9% last quarter. Steady leasing momentum and limited new supply supported this stability across Central Business Districts (CBDs) and decentralized markets.

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Claro Cordero
Claro Cordero Jr.

Director / Head, Research Consulting & Advisory Services
Taguig, Philippines

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