Our September 2022 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.
- The recent uptick in visitor arrivals has aided the strong domestic travel appetite in increasing the recovery pace of the hospitality
segment from its turbulent period during the COVID-19 crisis.
- The increase in the number of employees that have returned to work in the office, as well as the return to face-to-face classes of many educational institutions, are seen to buoy the recovery of the retail segment amidst the rising prices of consumer goods.
The aggressive contractionary monetary policy stance by the BSP which is in sync with other central banks, prompted by the rallying prices, may slow down the global recovery, as well as delay the expected real estate market recovery in the short-term as local and global locators, assess the elevated uncertainties.
The above is an excerpt of the September 2022 report. To read the full report, click on the Download button on the right.