INVESTORS are bullish on the Philippines and its property market as it is seen as a safe haven amid geopolitical and economic challenges in other parts of the world, according to Santos Knight Frank Chairman & CEO Rick Santos.

Santos Knight Frank recently launched in the Philippines The Wealth Report 2019, the flagship publication of the company’s global partner.

According to The Wealth Report, Manila outperformed 99 other markets on the Prime International Residential Index with 11% growth in prices last year.

Knight Frank’s commercial real estate research noted Manila has a competitive edge in office lease rates across Asia Pacific, having one of the lowest gross effective rents during the early part of this year.

Article source: Business World Online

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About Santos Knight Frank

Santos Knight Frank provides global real estate services. Since the company first opened its doors in 1994, it has become the Philippines’ first and largest fully integrated real estate services provider, with clients that include multinational corporations and institutional investors, as well as occupiers, owners and developers of real estate locally and across the globe.

The company’s partner, Knight Frank, is the largest independent global real estate consultancy. Founded in 1896 and headquartered in London, Knight Frank operates in more than 523 offices in 60 countries across the globe, including the strategically important partnership with Newmark Knight Frank in the U.S. (with Newmark Cornish & Carey in the West Coast).