Metro office vacancy rate tipped to dip to 18.8% in ʼ24

The office vacancy rate in Metro Manila is expected to ease to 18.8 percent this year from 19.4 percent in 2023, with the business process outsourcing (BPO) industry continuing to drive the uptake. According to real estate advisory firm CBRE, the office market vacancy rate in Metro Manila should further decline to 5.4 percent by
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