Passez à l'illimité avec Magzter GOLD

Passez à l'illimité avec Magzter GOLD

Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement

$149.99
 
$74.99/Année

Essayer OR - Gratuit

Metro Manila's office sector records early gains in 2025

Manila Bulletin

|

June 8, 2025

Colliers PH's data shows recovery while new supply of office space remains limited

- CARLA MORTEL BARICAUA

Metro Manila's office sector records early gains in 2025

The latest Colliers Philippines' office market report indicated that Metro Manila's office sector posted an early recovery in the first quarter of 2025, with transaction volumes improving from last year's subdued performance.

While the net take-up was positive, this set the pace of vacated space that slowed during the first three months of the year.

Colliers Philippines Director and Head Kevin Jara said, "We also recorded the first major pre-leasing activity since 2022, which also contributed to the positive net take-up. While overall vacancy across Metro Manila remains high, improvements were observed in primary business districts—most notably in Makati—where vacancy rates continued to decline. Meanwhile, demand for office space in provincial locations remained stable and on track with initial projections, underscoring a broadly resilient market."

Metro Manila's vacancy rates improved with a net take-up of 77,000 sqm, or a 19.7 percent recovery, reflecting a positive turn gained in the first quarter of the year. According to Colliers, this rebound is being driven by renewed demand from the third party outsourcing (3PO) sector and traditional occupiers, with expansion activity accounting for over half of all transactions.

PLUS D'HISTOIRES DE Manila Bulletin

Manila Bulletin

Manila Bulletin

'Trillion Peso March 2.0' in Negros Island peaceful

Police declared that the “Trillion Peso March 2.0” protest in Negros Island on Sunday, Nov. 30, was generally peaceful.

time to read

1 min

December 2, 2025

Manila Bulletin

Manila Bulletin

Malaysia-PH art festival opens at Intramuros, celebrating cross-cultural exchange

The Embassy of Malaysia in Manila, in collaboration with Art dialogo Asia, Tourism Malaysia, and the Department of Education (DepEd) Manila, formally launched the SENI SIKAT: Malaysia-Philippines Art Festival at the Centro de Turismo Intramuros on Nov. 26, 2025.

time to read

2 mins

December 2, 2025

Manila Bulletin

La Union opens Christmas village

The “Naragsak a Paskua” Christmas village opened on Monday, Dec. 1, featuring a 17-meter giant Christmas tree with almost 900 “parols” (Christmas star) at the Speaker Pro Tempore Francisco Ortega Convention Center Complex.

time to read

1 mins

December 2, 2025

Manila Bulletin

Muntinlupa mayor says no consultation made by LTO on e-bike ban

Muntinlupa Mayor Ruffy Biazon said the Land Transportation Office (LTO) did not hold any consultation when it announced that e-bikes and e-trikes would be banned from plying major roads.

time to read

1 mins

December 2, 2025

Manila Bulletin

Manila Bulletin

International bazaar 2025 opens in Pasay City, showcasing global fellowship and generosity

The World Trade Center tent in Pasay City came alive with color, culture, and camaraderie as the 59th International Bazaar officially opened its doors on Sunday, Nov. 16, 2025.

time to read

2 mins

December 2, 2025

Manila Bulletin

Manila gov't set to release teachers’ allowances and laptops, TV sets for public schools

Mayor Francisco “Isko Moreno” Domagoso announced the release on Monday, Dec. 1, of the P45 million allowance for teachers for May and June.

time to read

1 min

December 2, 2025

Manila Bulletin

Manila Bulletin

The Embassy of Hungary hosts 'Hungarian poultry delights' export promotion

Hungary showcases culinary excellence in the Philippines

time to read

2 mins

December 2, 2025

Manila Bulletin

Manila Bulletin

Matcha made in heaven

How 22-year-old student Caitlin Lee built a matcha brand from scratch

time to read

3 mins

December 2, 2025

Manila Bulletin

Leyte town lights Christmas tree

The municipality of Carigara in Leyte province lighted their giant Christmas tree on Sunday, Nov. 30.

time to read

1 min

December 2, 2025

Manila Bulletin

'Zootopia 2' shatters records with $556 million global debut

\"Zootopia 2\" had a roaring and record-setting opening at the box office.

time to read

2 mins

December 2, 2025

Listen

Translate

Share

-
+

Change font size