Office vacancies may ease despite supply surge, says Santos Knight Frank - BusinessWorld Online

Office vacancies may ease despite supply surge, says Santos Knight Frank - BusinessWorld Online

METRO MANILA is expected to see a surge in office supply over the next five years as projects launched during the pandemic are completed, but vacancy rates are projected to decline due to sustained demand from the business process outsourcing (BPO) sector, according to property consultancy firm Santos Knight Frank (SKF). “Any projects that were thought of, or announced during the pandemic years of 2020 to 2022, will have been completed by the ti…