In The News

On BusinessWorld SparkUp: High demand and common needs: A Look at today's office space market

Media Coverage

On April 24, 2019, BusinessWorld's Spark Up published an article citing analysis from Pronove Tai International Property Consultants' Q1 2019 Metro Manila Office Market Overview. Written by Mariel Aguinaldo, an excerpt is found below:

"Demand for space continues to grow strong, having increased by 39 percent year on year (YoY). IT and business process management firms (IT-BPM) and traditional firms remain the biggest demand drivers at 36 percent and 35 percent, respectively. But in terms of the greatest YoY increase, it’s POGOs with the highest figures."

"If there is a common denominator that demand drivers across industries consider, however, it’s convenience. According to Monique Pronove, CEO of Pronove Tai, POGOs will always choose locations with easy access to residences, retail, dining options, and transportation. And while not all of these facilities are requirements for traditional firms, it’s definitely a plus factor looking at options."

To read the full story, visit Spark Up here.