Colliers Philippines | Open Forum | Q2 2024 Property Market Briefing

Despite headwinds, there are numerous indicators that the real estate industry is on a strong trajectory toward full recovery. Among the most compelling signs of this upswing include the office market’s success in averting a 20% vacancy rate, the anticipated surge in foreign tourist arrivals (projected to reach 7.7 million in 2024), and the continued expansion of industrial parks.

Last July 31, our experts from Research, Office Services, Capital Markets, and Valuation and Advisory Services shed light on the current trends and future outlooks for the Philippine property sector during our Q2 2024 Philippine Property Market Briefing. This session was a resounding success, drawing an engaged audience of over 100 attendees joining onsite at Ascott Bonifacio Global City.

The POGO ban, planned airport upgrades, rising popularity of golf communities, surging demand for cold chains, and resurgence of in-person events are some of the key topics explored during this market briefing.

At Colliers, we don’t simply present data; we interpret it, identifying trends and opportunities others may overlook. Our market briefings provide a platform to advance insightful discussions wherein expert analysis and strategic foresight converge.