Metro Manila office vacancy seen below 10% by 2028 - BusinessWorld Online

Metro Manila office vacancy seen below 10% by 2028 - BusinessWorld Online

By Beatriz Marie D. Cruz, Reporter METRO MANILA’S office vacancy rate is projected to drop below 10% by 2028, fueled by the steady expansion of the information technology and business process management (IT-BPM) sector, according to real estate services firm CBRE. In its Mid-Year Property Market Briefing on Friday, CBRE said the Metro Manila office sector is expected to reach a single-digit vacancy rate by 2028 under two key scenarios. By 2028, …