A fifth of prime office space seen staying empty until 2025
Vacancy rates in Metro Manila’s premium office space market hit 20.3 percent in 2022, staying in the double-digit zone recorded in the last two years as the market segment continued to struggle to recover to prepandemic levels. Property consulting firm KMC Savills on Wednesday said that vacancy rates in the overall grade A office market … Continue reading A fifth of prime office space seen staying empty until 2025
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