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 to burn the settlement to ward off pirates and invaders, leading to the name Sugbo (from Kang Sri Lumayng Sugbo, or Sri […]
testtttt
Archives:
A Tale of Two CBDs
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 Cebu Business Park (CBP) started when the former 45-hectare Club Filipino Golf Course was auctioned by Governor Lito Osmena to Ayala Corporation. The […]
5 Themes Shaping Cebu’s Real Estate
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 properties. A recent development launched to the market was Robinsons Land’s Mantawi Residences in Mandaue City. Investments in the residential market continued to grow, combined with the sustained […]
Fireside Chats with Cebu’s Business Leaders
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 3 years? And which industries do you see will thrive? Charles Kenneth Co: Nestled at the heart of the Philippine Archipelago, Cebu […]
The Resurgence of Brick & Mortar
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 consumer sentiment is driving back foot traffic to malls to almost the same level as pre-pandemic. Consider these figures: Household Final Consumption Expenditure (HFCE) increased […]
Living on the Fringe
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 outside the city increased as a result of density concerns and travel restrictions. With the pandemic almost over, Metro Manila is now seeing the return […]
A Retrospective of 2022
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 office market was in a bright spot in the latter half of 2022, as it was buoyed by both global and local market factors. Metro Manila’s overall office supply […]
Tracking ESG’s path in Philippine real estate
Real estate is said to contribute roughly around 40% of the world’s greenhouse gas emissions. These come from not just construction but also the entire lifecycle of an asset, including a building’s energy use, operations, and repurposing. As the real estate sector becomes more cautious of its environmental and social impact, investors and developers have […]
What is Driving Growth in the Philippines?
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 leading data center research and analytics platform. The report, which tracks nine rapidly emerging markets, namely Osaka, Melbourne, Jakarta, […]