Business

Experts Expect No Glut in Philippine Office Space

Investing in office spaces is seen to become an increasingly attractive proposition for many developers, as the country continues to enjoy a steady influx of companies setting up shop in the Philippines.

A primary driver of the rise in demand for office spaces, according to property consulting firms Cushman & Wakefield Philippines Inc. and Jones Lang LaSalle Philippines Inc., is still the business process outsourcing (BPO) industry, as the country remains to be among the most attractive locations for offshoring services.

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Source: Philippine Daily Inquirer

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