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Philippine Property Market News - October 2021

Claro Cordero Jr. • 01/11/2021

This October 2021 edition of our report provides the latest update on the Philippine REIT market as well as the current landscape of the local office, retail, hospitality and residential sectors.

  • The Philippines' REIT market enters a new phase of growth with the eager participation of the country's major real estate developers and it is seen to further grow as it extends to other sub-sectors. The success of most  of the current REIT market debuts emphasizes the strong pent-up demand from investors which may help in the overall recovery of the property sector.
  • While the flexible work arrangement is still faced with many impediments such as the technology gap and issues on productivity, it will bring much change to the future of the office market space as many companies will now also view its implementation as a way of retaining and attracting employees who have already settled in their current set-up.

 

The above is an excerpt of the October 2021 report. To read the full report, click on the Download button on the right.

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