The supply of warehouses in Metro Manila is coming under increasing pressure as soaring land values drive the conversion of industrial properties into higher-yield residential and commercial developments, according to property consultancy Colliers.
The Philippine retail sector continues to expand, but growth is easing as weaker consumer spending and global uncertainties slow mall recovery and reshape expansion plans.
Megaworld Corp., the listed property development arm of billionaire Andrew Tan, is cementing its dominance in Western Visayas, capturing a commanding 48 percent share of Iloilo’s office market as demand continues to shift toward integrated township developments outside Metro Manila.
Metro Manila’s residential condominium market is beginning to show signs of recovery, largely fueled by sustained demand for affordable housing—even as vacancy rates remain elevated, according to Colliers Philippines.
The supply of Philippine Economic Zone Authority (PEZA)-accredited office space in Metro Manila is tightening, particularly in major central business districts, raising concerns over limited expansion options for key occupiers.
Moody’s Ratings has assigned DigiPlus Interactive Corp. a first-time B1 corporate family rating with a stable outlook, citing its leading position in Philippine online gaming and strong balance sheet despite regulatory and competitive risks.
PLDT Inc. has reaffirmed its commitment to delivering open, credible, and tech-enabled elections as it joined the launch of the PPCRV-AMA Command Center, set to run the unofficial parallel count for the first regular Parliamentary Elections in the Bangsamoro Autonomous Region in Muslim Mindanao.
FAST Logistics Group is installing rooftop solar at its Cebu cold-chain hub to reduce reliance on grid power, where round-the-clock refrigeration makes electricity a significant operating cost.