Philippines
SM Supermalls keeps doors open amidst pandemic, to launch more 'smart cities' and e-commerce channels
It also reached out to displaced jeepney and tricycle drivers to facilitate delivery of orders to far-flung locations in the Philippines.
SM Supermalls keeps doors open amidst pandemic, to launch more 'smart cities' and e-commerce channels
It also reached out to displaced jeepney and tricycle drivers to facilitate delivery of orders to far-flung locations in the Philippines.
Manila's active home resale market props up capital values
Capital values in 4Q20 increased 10% yoy to PHP 269,932 per sqm.
Top 3 capital market trends to watch in the APAC logistics sector
Logistics has remained resilient with over US$7bn in capital raised in the last six months.
Residential vacancy rates in Manila hit double-digit record of 11% in Q2
The last time vacancy hit double digits was in 2005.
Philippines may see lowest level of completions across all asset classes in years: JLL
Adaptability of real estate stakeholders will play a vital role in pivoting the industry’s challenges into opportunities amidst the declining supply and demand of spaces across all asset classes.
Philippine retail rents slip -0.8% in Q2 for the first time since 2009
Metro Manila landlords have become more lenient as they strive to retain contracts.
Philippine logistics demand to grow by 160,000sqm annually over the next 10 years
E-commerce firms and third-party logistics are driving the demand for high-specification spaces.