Manila Flex Market Review 2022

Thursday, 3 November, 2022

Our recent study shows that Ortigas is now the hottest business hub in the Philippines, where demand for flexible office space is up by 83% year-on-year.

New findings reveal that Ortigas is one of the most popular business hubs in the Philippines, with demand for flexible workspace in this area up by 83% in 2022 compared to 2021, the highest growth area in Metro Manila. 

Key business hubs across Metro Manila have seen interest in flexible solutions increase, with demand growing by up to seventy per cent in some of the other key districts and this shows that corporates are looking for more flexibility and agility. 

 

KEY FINDINGS:


  • Demand reaches record levels as hybrid working becomes a long-term strategy
  • Dispersed supply facilitates adoption of flex by corporate occupiers

  • Rise of a seller’s market as competition for space heightens and prices increase

  • Strength of the market will drive further investment and growth

 

Download the full report to find out more…

Manila Flex Market Review 2022
INDU
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