The theme of the Outlook this year is revival, resurgence, a comeback, renewal, and a new dawn. These concepts collectively describe the real estate market as having returned, manifesting in many ways. In the office sector, we have seen occupancy increasing for three consecutive terms already until Q3. In the residential sector, we have witnessed how luxury prices have shot up at a rate that led to the global race for prime residential properties. On the retail side, mall foot traffic has anecdotally increased.
While this is a comeback, this is also a different kind of market reality. This is a comeback in a different form. For instance, while occupancy has been improving, we also understand that flex office work arrangements are here to stay. While occupancy in retail spaces (malls) is improving, there is also evidence to suggest the “de-coupling of the mall” – or the rebellion of retail spaces to move out of the confines of the mall to directly manage their own real estate (i.e. What Uniqlo has been launching). These market realities recognize that the pandemic has altered the behavior of organizations and
individuals.
We still need space, but we must also acknowledge that the market is now behaving in ways different from the pre-pandemic.
The Philippines tops Asia Pacific in outsourcing labor force, per Knight Frank's Horizon report on BPO industry potential. ...
Across the world, 81% of occupiers intend to adopt an office-first strategy. Most of them are returning to the office in a hybrid setup. ...
In Asia Pacific, 51% of occupiers plan to enhance the quality of their office space – a significant increase from 37% two years ago. ...
More Filipinos are showing a growing interest in getting second homes, especially in residential leisure condos outside Metro Manila. ...
Manila led global prime residential growth at 21.2% year-on-year in Q3 2023. ...
The Philippine retail scene evolves with e-commerce and shifting consumer tastes, prompting mall operators to transform traditional centers into multifaceted modern hubs. ...
Demand shifts in housing and offices, a resilient retail sector, and a recovering hospitality industry push Philippine real estate in its transformative era. ...
Anticipate a resurgence of trends, buoyant projections, and a robust demand shaping the landscape of the office sector in 2024, particularly for Prime and Grade A+ buildings. ...
Your guide to investing in different real estate sectors this 2024. ...
Metropolitan homes are out. Provinces are in. Residential units in the fringes show growing demand. ...
How Infrastructure is Fueling the Future of Cebu The history of Cebu as one of the Philippines’ most vibrant and important cities goes back to pre-colonial times. A prince called Sri Lumay used t ...
A Tale of Two CBDs Before there were Cebu’s South Road Properties and North Reclamation Area, the metropolis had Cebu IT Park and Cebu Business Park. Cebu Business Park The inception of Ceb ...
1. Developers venture outside the city core Integrated master-planned developments in Cebu SRP, Cebu North Reclamation Area, and other fringes have emerged to satisfy demand for purchasable propert ...
Q&A: Doing Business In Cebu Charles Kenneth Co President Cebu Chamber of Commerce & Industry Santos Knight Frank: What are the opportunities you see for Cebu and the Visayas region in the next ...
Metro Manila’s retail market has bounced back significantly since the beginning of the pandemic. Once empty malls are now filled not just with visitors but also tenants. Overall, an optimistic consu ...
The residential market has seen mixed results during the pandemic. While there was a slowdown in sales in the vertical housing market, interest for single-detached homes and residential properties out ...
Metro Manila’s office market performed significantly better than in previous quarters, as a result of mitigated covid spread, improving mobility and return-to-office policies. The Metro Manila offic ...
Real estate is said to contribute roughly around 40% of the world’s greenhouse gas emissions. These come from not just construction but also throughout the lifecycle of an asset, including a buildin ...
Over the last five years, data center supply in emerging markets in Asia Pacific has grown by over 300%, according to the Q3 2022 Data Center Report by Knight Frank in partnership with DC Byte, the le ...
Many things changed over the course of the pandemic. Most notable is the shift from purely working onsite to hybrid work. One of the things that remained, however, is the presence of work-related stre ...
The Philippines’ commercial real estate sectors are seeing a return of activity, especially in Metro Manila. Here are the trends we have seen in Q2 2022 within the city, as revealed in our webinar, ...
Arca South is gradually taking shape as the newest central business district south of Makati and Bonifacio Global City. Overall, approximately 344,000 sqm of office space are anticipated to be launche ...
The Philippines is now seeing a gradual return of business travel, including foreign expatriates and talent relocating to the country, in the backdrop of high vaccination rate, easing of travel restri ...
Santos Knight Frank's Chairman & CEO, Rick Santos, discusses the outlook for the Philippine real estate sector during the launch of Knight Frank's The Wealth Report 2021 in Manila. ...
Santos Knight Frank and Manila House, in partnership with Julius Baer, held the webinar The Wealth Report 2021: A Global & Philippine Real Estate Investment Outlook on May 4, 2021 featuring speakers a ...
Anthony Dizon, founding president of the Cold Chain Association of the Philippines, discusses the state of affairs of the industry. This presentation was part of Santos Knight Frank's The Future of Lo ...
The Philippines' cold chain industry capacity is set to grow by 10% this 2021, driven not just by the vaccine roll out but also by lifestyle and consumer preferences. Rick Santos of Santos Knight Fran ...
A one on one discussion with Undersecretary Verna Buensuceso of Department of Tourism Philippines regarding tourism updates in the Philippines. ...
Lessons from Phuket Sandbox, changes in the labor market, shift in COVID-19 metrics, and the future of hotel management companies. Bill Barnett of C9 Hotelworks and James Kaplan of Destination Capital ...
New market segments, digital pivot, creativity with new services, virtual event management, repurposing spaces to office. Rick Santos of Santos Knight Frank asks Cleofe Albiso of Megaworld Hotels and ...
Secretary Berna Puyat discusses the state of affairs of the tourism industry. This presentation was part of Santos Knight Frank's Hotel Outlook 2021 series, organized in partnership with British Chamb ...
can the Philippines prepare for data center? Hear it from Adeline Liew, Director of Occupier Services and Data Centers Lead for Knight Frank APAC. ...
What are the real estate asset classes that property investors should pivot in the post-COVID-19? Hear it from Neil Brookes, Head of Capital Markets in Knight Frank Asia Pacific. ...
What is the future of REITs in the Philippine property market? Hear it from Sigrid Zialcita, CEO of APREA Philippines. ...
How has COVID-19 disrupted the logistics industry? Martin Cu shares how Ninja Van pivoted with the demand amid the pandemic. ...
Workplace experts Raphael Santos of Adrianse Group and Nikki Vergara of Positive Workplaces share the advantages of the physical office in our overall well-being ...