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    POGO boom drives real estate sales in Manila, Cebu

    Growth in online gambling in the Philippines is driving a real estate boom in Manila, which is now spilling over to the island of Cebu, as operators seek more space and cheaper prices. The ascent to power of mercurial President Rodrigo Duterte in 2016 cast a shadow over the country’s online gambling industry, amidst threats […]

    PH office space demand to remain robust

    Offshore gambling operators made up of 25 percent of all office leasing transactions in the nine months to September 2017, according to a report from Colliers International. Net take up of office space for the first nine months of the year totalled 356,000 square meters, with demand driven by offshore gambling operators and traditional companies. […]

    PH govt should aim to quell tourist fears: Colliers

    Real estate consultancy firm Colliers International has urged the government to quell tourists’ safety and security fears following terror attacks in Mindanao and the June 2 attack at Resorts World Manila, according to a report from Manila Times.  Foreign tourist numbers typically drop in the third quarter, but this could be further exacerbated due to […]

    Tourist arrivals to grow 10 pct in 2017

    Tourist arrivals to the Philippines are expected to grow 10 percent to 6.6 million in 2017, says property consultancy Colliers International Philippines. “The growth of the Philippine tourism sector will be sustained by the influx of visitors from the country’s traditional markets such as South Korea, USA, Japan, and China. The four economies account for […]