In assessment, a total of 577,000

In assessment, a total of 577,000 rectangular meters of workplace area become absorbed via the market for the complete 2015 with BPO groups accounting for 66 percentage of the leased areas.

Leechiu noted that net take up for office areas has consistently grown inside the closing 15 years immediately, with the six hundred,000 square meter take up for the first nine months by myself of 2016 hitting a new document.

“And we think this is going to hit 720,000 to 750,000 square meters by 12 months-stop. This is about forty-forty five percentage soar from final 12 months’s document,” Leechiu stated.

Furthermore, Leechiu stated that already 80 percent of the full 721,000 square meters of Metro Manila office space for 2016 has already been taken up.

Finally, LPC disclosed that at present, 361,000 square meters of workplace area for 2017 has already been committed for rent.

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