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Report Card
Q1 2023 Philippine Office & Investment MarketBeat Reports

Overall Grade ‘A’ office vacancy rate in Metro Manila closed at 16.16% at the end of Q1 2023, which is a 21 bps increase q-o-q from 15.95% in Q4 2022 and an 80 bps increase y-o-y from 15.36% in Q1 2022.

Claro Cordero Jr. • 18/05/2023

Manila Shared Services card
Cushman & Wakefield Inaugurates Shared Services in Manila, Philippines

Cushman & Wakefield, a global commercial real estate services firm, has recently opened a Shared Services Center (SSC) in Manila, Philippines. 

Tetet Castro • 01/02/2023

Q4 Philippine Marketbeat Report
Q4 2022 Philippine Office & Investment MarketBeat Reports

Average vacancy rates marginally increased to 16.13% in Q4 2022 from 16.12% in Q3 2022, as average rental rates similarly registered a slight softening of 0.16% quarter-on-quarter (q-o-q) in Q4 2022 primarily due to the volume of new stock completions.

Claro Cordero Jr. • 01/02/2023

Q3 2022 Office and Investment Marketbeat
Q3 2022 Philippine Office & Investment MarketBeat Reports

Overall Grade ‘A’ office vacancy rate in Metro Manila closed at 16.1% at the end of Q3 2022, albeit only 10 basis-point decrease quarter-on-quarter (q-o-q).

Claro Cordero Jr. • 21/11/2022

Q2 2022 Philippine Office and Investment Marketbeat Reports
Q1 2022 Philippine Office & Investment MarketBeat Reports
Q1 2022 Philippine Office & Investment MarketBeat Reports

Approximately 182,000 sq.m. of new office spaces were completed within Q1 2022, resulting to existing consolidated Prime and Grade ‘A’ office supply of around 9.1 million sq.m. 

Claro Cordero Jr. • 02/05/2022

investment
Q4 2021 Philippine Office & Investment MarketBeat Reports

The emergence of Omicron variant delayed the return-to-office strategies of companies, upward trend in office vacancy rate to persist in 2022

Claro Cordero Jr. • 14/02/2022

How Global Brands Are Shaping the Metro Manila Retailer Landscape 2021

GLOBAL PRESS RELEASES

RELATED INSIGHTS

Warehouse Internal Rack
MarketBeat • Insights

Investment MarketBeat Report

In Q1 2023, Bangko Sentral ng Pilipinas (BSP) delivered two policy rate hikes, the first was in February by 50 basis points (bps) and another one last March by 25 pbs, bringing the current benchmark rate to 6.25%.
Claro Cordero Jr. • 15/05/2023
APAC Marketbeat
MarketBeat • Insights

Philippine MarketBeat

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Claro Cordero Jr. • 15/05/2023
Office Buildings CBD
MarketBeat • Insights

Office MarketBeat Report

The Philippine Gross Domestic Product (GDP) grew by 6.4 in Q1 2023, beating the forecast of most analysts while still falling within the government estimates. Marked as the lowest growth rate registered since Q2 2021.
Claro Cordero Jr. • 15/05/2023
Philippine Property Market News (January 2020)
Research • Insights

Philippines Property Market News

Our April 2023 edition of the report provides the latest updates in the Philippine commercial real estate industry as well as insights on the local sectors.
Claro Cordero Jr. • 10/05/2023
Southeast Asia Outlook 2023: Bouncing Back Stronger
Research

Southeast Asia Outlook 2023: Bouncing Back Stronger

Southeast Asia (SEA) is expected to be one of the leading sources of growth for the global economy as the United States and Europe tiptoe around a potential recession.
Dominic Brown • 11/04/2023
fit out guide
Insights • Office

Office Fit Out Cost Guide

An office fit out refers to the process of designing and constructing an office space to meet the specific needs of the occupier. This can include everything from furniture and equipment to mechanical and electrical systems.
Dominic Brown • 27/03/2023

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