Developers Told to Spread Risk Across Locations, Segments - BusinessWorld Online

Developers told to spread risk across locations, segments - BusinessWorld Online

PROPERTY CONSULTANTS said Philippine developers should diversify their real estate portfolios across segments and locations to manage risks amid high vacancies. “If you are a developer and all your assets are in one city, and the area where they are located is down, then your assets depreciate,” PRIME Philippines Founder and Chief Executive Officer Jettson P. Yu told BusinessWorld. This comes as some areas within the commercial real estate secto…

Beyond Numbers: Why Tier 2 Real Estate Growing in Value, Not Just Volume

By Umang Jindal, CEO, Homeland Group As the dynamic segment of urban landscape, Tier 2 cities have turned into hubs of aspirational living. These cities, known for their low population density and rising economies, are now at the forefront of the real estate growth story. As buyers desire a more balanced lifestyle, one that provides urban luxuries without the chaos of metros, these locations are proving to be the right fit. According to Magicbri…