- Rappler reporter Ralf Rivas cited Pronove Tai International Property Consultants data on Philippine Offshore Gaming Operators (POGOs) office demand takeup.
"Meanwhile, data of Pronove Tai, another property consultancy firm, show that POGOs are already the top demand drivers.
As of the 1st half of the year, Pronove Tai said 45% or 315,000 of the 703,000 sqm of office space transacted were taken up by POGOs.
Traditional office and IT-BPM lagged behind POGOs at 28% and 26%, respectively.
POGOs don't mind higher rental rates or more taxes either. Consultancy firms said gaming firms have enough margins to cover for additional expenses.
Read the full story here: https://www.rappler.com/business/237565-china-hit-pogo-properties-stocks-to-watch-august-12-16-2019