Tag: Colliers

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Colliers predicts measured rebound for Philippine property

Colliers Philippines is projecting a measured rebound in the property market, even as the economy posts its slowest growth since 2011. 

Metro Manila office market finds new footing in Jan-Sep—Colliers

The Metro Manila office market has found its stride again, with net demand in the first nine months of 2025 already surpassing full-year forecasts—driven by strong leasing activity, fewer space surrenders, and a revived appetite for flexible work arrangements, according to property consultancy Colliers.

Colliers sees mid-income buyers drive recovery

Colliers reported sustained improvement in Metro Manila’s residential market in the third quarter, the second consecutive quarter of rising pre-selling condominium net take-up. The property consultancy firm said this uptrend indicates that demand is holding firm, supported by attractive ready-for-occupancy (RFO) promotions and discounts offered by developers.

Colliers says BPO shift spurs office market recalibration

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.

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.

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SM Hotels Sweep Multiple Honors at Global Awards

Two of SM Hotels and Conventions Corporation’s (SMHCC) flagship properties captured multiple accolades at the Haute Grandeur Global Awards 2026, cementing the group’s reputation as a leader in regional hospitality.

DOE, French firm push hydrogen power in PH

The Department of Energy (DOE) and French firm Hydrogène de France Energy are optimistic about using hydrogen for cleaner energy generation in the Philippines.

House impeaches VP Duterte anew

Vice President Sara Duterte was impeached anew by the House of Representatives on Monday, after 255 lawmakers endorsed the complaint resolution that will be transmitted to the Senate for trial. The total was more than double the minimum requirement of 106 votes and 40 higher than the 215 votes that backed a largely similar complaint last year, which was later stopped by the Supreme Court from proceeding to a Senate trial. During Monday’s vote, 26 lawmakers voted against the impeachment resolution, while nine abstained. Duterte was impeached over allegations of unexplained wealth, betrayal of public trust, graft, and misuse of confidential funds. The vote came shortly after a change in leadership in the Senate.

ACEN Australia unit reaches financial close for solar project

ACEN Corp. said its Australian subsidiary, Yindjibarndi Energy Corp. (YEC), has secured financial close for the Jinbi solar project in the Pilbara region, allowing construction to begin.

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