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    Tag: Colliers

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    Metro Manila hotels hold ground amid slump

    Hotel occupancy in Metro Manila remained stable at 64 percent in the first half of 2025, up one percentage point from last year, according to real estate consultancy Colliers. However, occupancy is expected to hover just above 60 percent for the rest of the year amid weak foreign tourist arrivals and an incoming wave of new hotel rooms.

    Metro Manila office market sustains growth — Colliers

    Metro Manila’s office market continued its recovery in the first half of 2025, with total transactions reaching 446,100 square meters—up 7 percent year-on-year and 33 percent higher than the second half of 2024. 

    Colliers says Cebu office market rebounded

    The office market in Metro Cebu surged in the first quarter, rebounding with a 150 percent quarter-on-quarter increase in transaction volumes after a sluggish fourth quarter of 2024, which was weighed down by election-related uncertainty, according to property consultancy firm Colliers.

    Colliers’ sees strong growth for hotels, retail business; office outlook muted

    Real estate consultancy firm Colliers is cautiously optimistic in the growth for office space and residential condominium but is sanguine for the hotel and retail sectors, especially with the expected strong growth in global travel.

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    IR Impact names SM Investments’ annual report best in region

    SM Investments Corporation, the parent company of the SM Group, was named Best Annual Report at the IR Impact Awards – Southeast Asia held in December 2025. The award recognizes the company’s strong reporting and disclosure practices, particularly its integrated report, which clearly explains its business strategy, performance, governance, and long-term plans for creating value.

    Mitsubishi seeks to fast-track CARS claims

    Mitsubishi Motors Philippines Corp. (MMPC) said it will work closely with government agencies to ensure the swift processing and release of its incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program, following President Ferdinand Marcos Jr.’s veto of the program’s proposed 2026 budget allocation.

    House lawmakers meet IAEA chief to advance nuclear energy agenda

    A member of the House of Representatives recently met with International Atomic Energy Agency (IAEA) director general Rafael Mariano Grossi to discuss the potential role of nuclear energy in addressing the country’s ongoing power challenges.

    Globe sets up battery hubs to keep network running during typhoons

    Globe Telecom Inc. is deploying battery charging hubs in typhoon-prone areas of South Luzon and Bicol to help keep mobile and internet services running during power outages.

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