Real estate service provider Cushman and Wakefield Inc. said a return to pre-pandemic demand for office space in the Philippines and around the world remains distant as interest rates will likely remain elevated.
Boutique housing developer Ovialand Inc. has partnered with listed Tokyo-based real estate firm Takara Leben to expand its portfolio and bring more affordable premium homes to Filipino families.
Cap rates, the estimated yield of a property over one year, are on the rise in only five of 19 cities in Asia Pacific, all of them located in Australia, suggesting a still listless real estate market for most of the region in the fourth quarter of 2023, a survey by diversified professional services and investment management company Colliers showed Thursday.
Real estate developer Century Properties Group Inc. on Monday bared the launch of two projects in Mandaluyong and in Pampanga within the first six months this year.