The Philippine Economic Zone Authority (PEZA) has formalized the P967-million expansion of the Suntrust Ecotown Tanza-Special Economic Zone in Cavite, adding more industrial land as the government ramps up efforts to attract export-oriented investments and manufacturing projects.
Real estate developers are poised to tap a larger market of multinational tenants after the government lifted the seven-year moratorium on new Information Technology (IT) Parks and IT Centers in Metro Manila, although they will not receive fresh tax incentives under the policy.
The Philippines' housing pipeline is showing signs of strain, not because buyers have disappeared, but because fewer projects are making it through the regulatory process.
Metro Manila's office market entered a wait-and-see phase in the first half of 2026 as companies delayed leasing decisions to reassess how artificial intelligence will reshape their workplace needs, although demand continued to favor premium office buildings in prime business districts.
International Workplace Group, or IWG – the world’s largest workspace platform behind brands like Regus and Spaces – will open five new locations nationwide this year, including its first Humanly center in the country.