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ARTHALAND Tops Off First Multi-Certified Green Office Development in Arca South

ARTHALAND
Posted at Feb 24 03:31 PM

One of the country's foremost developer of sustainable and green properties is off to a strong start with the on-time topping off of the Savya Financial Center North Tower. Read more »

Metro Manila property leasing to rise on boom in e-commerce

ABS-CBN News
Updated as of Feb 02 11:26 AM

Property firm Prime Philippines, said Monday that the Metro Manila office rental spaces will see an average of 75 to 85 percent occupancy this year as firms move more of their operations outside the Metro and nearer to the residential areas of their workers.  Read more »

Metro Manila faces highest office space vacancy since global financial crisis: Colliers

ABS-CBN News
Updated as of Oct 29 11:50 AM

Colliers International said Thursday Metro Manila could post the highest office vacancy since the global financial crisis as offshore gaming operators vacate spaces and BPOs rationalize requirements due to COVID-19.   Read more »

Lawmakers welcome reported POGO exodus

ABS-CBN News
Posted at Jun 30 01:12 AM

Several senators welcomed the reported exodus of Philippine offshore gaming operators from the country. Read more »

Offices 'far from dead,' property firm says as work from home rises

ABS-CBN News
Updated as of Jun 10 12:00 PM

Bringing workers back to their offices is "crucial" to increasing productivity post-lockdown, a property consulting firm said Wednesday, as most firms experiment with work from home set-ups.  Read more »

Reducing POGO exposure part of 'portfolio management': DM Wenceslao

ABS-CBN News
Updated as of Mar 13 09:16 PM

Diversifying portfolio to reduce exposure to offshore gaming is a business decision and is “nothing discriminatory,” the CEO of real estate firm DM Wenceslao said Friday. Read more »

Reducing POGO exposure part of 'portfolio management': DM Wenceslao

Jessica Fenol and Cathy Yang, ABS-CBN News
Posted at Mar 13 06:34 PM

Diversifying portfolio to reduce exposure to offshore gaming is a business decision and is “nothing discriminatory,” the CEO of real estate firm DM Wenceslao said Friday.   Read more »

Megaworld expands office space portfolio in Iloilo

ABS-CBN News
Posted at Jan 20 10:53 AM

Enterprise One and Enterprise two will add 78,000 square meters of office space inside its 72-hectare Iloilo Business Park in Mandurriao, the developer said in a statement.    Read more »

Offshore gaming overtakes BPOs as top office space demand-driver

ABS-CBN News
Posted at Sep 19 11:40 PM

Philippine offshore gaming operators continue to show relentless demand for real estate despite issues hounding the sector. Read more »

Offshore gaming overtakes BPOs as top office space demand driver: Leechiu

Jessica Fenol, ABS-CBN News
Updated as of Sep 16 03:26 PM

Demand from POGOs in Metro Manila reached 375,000 square meters for the first 9 months of the year, compared to BPO’s 294,000 sqm, Leechui Property Consultants co-founder CEO David Leechiu said.  Read more »

BPO naungusan ng mga POGO sa demand ng office space sa Metro Manila

ABS-CBN News
Posted at Aug 29 01:24 AM

Sa pagdami ng mga online gambling center sa bansa ngayon, nagkaroon ng karibal ang mga business process outsourcing o mas kilala bilang mga call center sa office spaces sa Metro Manila. Read more »

Property can 'quickly recover' if gaming demand falls: Colliers

ABS-CBN News
Posted at Aug 09 04:10 PM

Some developers ensured that their exposure to offshore gaming is small, Colliers International Philippines director for Office Services Don Andaya said in a press briefing.    Read more »

Property sector 'welcomes' offshore gaming industry: Leechiu

ABS-CBN News
Updated as of Jul 15 12:28 PM

The offshore gaming industry could benefit not just the property sector but the economy by attracting more foreign capital to the country, the CEO of Leechiu Property Consultants said Monday. Read more »

BPOs show no signs of slowdown, Megaworld says

ABS-CBN News
Posted at Jun 17 02:17 PM

In 2018, Megaworld sealed one of the "largest" real estate deals in the country for a 25-storey tower for JPMorgan Chase Bank’s global service center in Taguig, chief strategy officer Kevin Tan said. Read more »

St. Francis Square Mall closes down tiangge area

ABS-CBN News
Posted at Jun 01 09:59 PM

The Mandaluyong mall on Saturday announced that its tiangge area, which consists of some 400 stalls, will be revamped as office spaces. Read more »

Why 2019 could be a 'good year' for property sector

ABS-CBN News
Updated as of May 21 10:47 AM

The growing Business Process Outsourcing (BPO) and the Philippines Offshore Gaming Operations (POGOs) drive office space rentals in the metro, Pinnacle Real Estate Consulting Services head of research Jose Romarx Salas told ANC.  Read more »

SM Prime's net income up 17 percent in 2018

ABS-CBN News
Posted at Feb 11 01:35 PM

SM Prime Holdings on Monday said its consolidated net income rose 17 percent in 2018 to P32.2 billion from P27.6 billion the previous year. Read more »

Sandiganbayan denies ex-PRC chair's bid to dismiss graft case

Adrian Ayalin, ABS-CBN News
Updated as of Feb 11 05:10 PM

The Sandiganbayan 6th Division denied the appeal of former Professional Regulation Commission Chairperson Teresita Manzala for the dismissal of her graft case over the alleged irregular office space rental in Baguio City from 2011 to 2012. Read more »

Megaworld sees P1.5-billion office space sales in Cavite

ABS-CBN News
Updated as of Jan 28 12:04 PM

The 17-storey One Corporate Place will house 93 select office units, Megaworld said in a disclosure to the stock exchange. Read more »

Property to get lift from easing inflation, 'Build Build Build': analyst

ABS-CBN News
Posted at Jan 14 10:42 AM

The government's infrastructure rollout will also make more developments accessible, said Leechiu Property Consultants CEO David Leechui.  Read more »