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Maroc Maroc - BUSINESSMIRROR.COM.PH - A La Une - 07/Jan 16:01

Leasing Demand for FY 2024 Grows Steadily Despite Challenges

Makati City, December 16, 2024—The Philippine office leasing market recorded 1.1 million sq m of transacted deals in 2024, reflecting a 4 percent year-on-year growth and marking the highest transaction volume since the pandemic. This expansion comes despite challenges such as the POGO ban, high interest rates, and inflationary pressures.

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