OUTSIDE of Metro Manila, Cebu has remained the top choice of outsourcing firms and multinational companies, capturing more than 50 percent of the total transactions recorded in 2023. Of the 208,800 square meters of office transactions recorded outside of Metro Manila, Cebu accounted for 112,900 square meters of deals or 54 percent of total transactions, according to Colliers Philippines’...
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Aboitiz InfraCapital Economic Estates has signed contracts with two logistics companies Prestige Warehousing and Logistics (PWL) and JBY Equipment & Impex Logistics Inc. which will invest in West Cebu Estate in Balamban, Cebu. The industrial inventory release at West Cebu Estate has triggered a surge in investor interest, underlining the scarcity of available inventory in the ma...
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What is the most valuable bank brand in the Philippines? According to a new report from London-based global brand valuation consultancy Brand Finance, it’s BDO Unibank, with its brand value estimated at $2.5 billion, up 14 percent from last year. This means that if the country’s largest bank were to sell just its brand—excluding operations and other assets—]it would c...
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Rising Land Costs Pose Significant Challenge for Economic and Socialized Housing Development in Metro Cebu By: Samuel Lao, Real Estate Broker - Cebu City, October 22, 2023 The bustling urban sprawl of Metro Cebu, stretching from Cebu City to Carcar in the South and Danao to the North, has long been a hub of economic growth and development. However, a pressing issue now threatens to...
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What is the current state of Cebu Local Real Estate Market? The real estate market in Cebu has been an area of significant interest in recent years. With its booming economy, stunning natural landscapes, and increasing urbanization, the region has witnessed a surge in real estate development. In this blog, we will delve into the latest news trends and provide an in-depth analysis of the...
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Cebu City's Real Estate Market in 2023: An Overview of Prices, Trends, and Challenges As a practicing license broker, I have observed a significant shift in the real estate development trend in Cebu City. From 2022 to the first quarter of 2023, there has been a notable transition from horizontal to vertical housing projects due to the scarcity of big land for major residential development....
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