Cautious optimism in the post-POGO Metro Manila office market




THREE MONTHS since the pronouncement of the ban of Philippine Offshore Gaming Operators (POGOs), Metro Manila’s office market recorded its first negative net take-up in a quarter since the fourth quarter (Q4) of 2021. In Q3 2024, net take-up declined by -33,000 square meters (sq.m.), mainly attributed to lease terminations by POGO and non-renewal of […]



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