Tag: Colliers

Metro Manila’s office market remains active but is undergoing a strategic recalibration as business process outsourcing (BPO) firms expand into cost-efficient provincial hubs, according to real estate consultancy Colliers.

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’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. 

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.

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.