In center Metro Manila, land has been exhausted, the tenants will have no choice however to visit Filinvest and the Bay. That’s why we assume the Bay Area and Alabang will have dramatic adjustments in the subsequent six, seven, eight years,” Leechiu said.
Meanwhile, he noted information from the the IT and Business Process Association of the Philipppines(IBPAP), which stated that the 1.3 million Full Time Employees(FTEs) working for BPO agencies is visible to double to 2.6 million inside the subsequent six years.
“We are building just sufficient workplace area within the subsequent six years,”Leechiu said.
LPC mentioned that for the first 9 months of 2016, a complete of six hundred,000 rectangular meters of workplace area has already been taken up, sixty three percentage of which were leased by using BPO corporations.
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