What segments of the economy will be generating the greatest activity for the sector?
Largely helped by significant public spending in infrastructure, the construction sector saw robust growth in 2013. An improving investment climate, which saw a steady inflow of remittances and inward investments directed at the property sector, also played a part in spurring construction activity. Investment-grade upgrades from Fitch Ratings and...
Demand for housing and office space in the Philippines is expected to remain high on the back of impressive economic growth. Despite an increase in new space, property developers expect vacancies in premium residential and office space across business districts to remain scarce. According to Colliers International, demand is so high that even with...
An extraordinary construction boom is transforming the skyline of the national capital, Manila, as well as other provincial cities. What were once rundown neighbourhoods have become chic, and abandoned former US military bases have been transformed into new business districts, catering mainly to the fast-growing outsourcing sector. Work on highways...
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