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Bay Area office vacancies near 40% amid market slowdown
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Bay Area office vacancies near 40% amid market slowdown
FacebookTwitterInstagramPinterestLinkedin PHILSTARPROPERTY.COM NEARLY 40% of office space in the Bay Area remained vacant in the first quarter, reflecting continued weakness in one of Metro Manila’s largest office districts following the exit of Philippine Offshore Gaming Operators (POGOs), according to Savills Philippines. Office vacancy in the district rose to 39.3% in the first quarter from 33.7% in the previous quarter, while net absorption …
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