KMC MAG Group and its international associate, Savills, releases its bi-annual Asian Cities Report for Manila Office. The report, which covers the second half of 2015, features key market updates on the local office sector.
Nominations for 2016 Philippines Property Awards UnderwayKMC Savills, Inc.
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Come April 7, 2016, the shape of the real estate industry in the Philippines and how has dramatically changed, will hog the spotlight when the Philippines Property Awards announce a plethora of big winners in the fourth consecutive year that Ensign Media organized the event. KMC MAG Group's Michael McCullough will be one of the judges at this year's event.
The document summarizes a quarterly report on the Metro Manila office market in Q2 2015. Some key points:
- Demand for premium office space exceeded supply, keeping vacancy rates low at 3.3%. However, limited new supply hindered absorption.
- Rental rates increased modestly by 1.5% on average. A large supply pipeline is expected to increase vacancies in the coming years.
- Among districts, Bay Area saw the highest rental growth at 18.3% and lowest vacancy at 0.5%, while Alabang saw the highest vacancy of 14.1%.
- Overall the market remains healthy with demand outstripping supply, though vacancies are expected to rise as new stock
KMC in the News | Infra woes to bug Manila, Cebu property boom?KMC Savills, Inc.
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The Philippine real estate industry continues to grow in strength, and remains an attractive option for investors, but poor infrastructure and connectivity could pose problems in future. Read more via The Standard
The Cebu office market is attractive investors as projects in the area continue to be rolled out but the lack of infrastructure development and poor connectivity remain obstacles to its growth, real estate services provider KMC Mag Group said.
The Cebu office market is attractive investors as projects in the area continue to be rolled out but the lack of infrastructure development and poor connectivity remain obstacles to its growth, real estate services provider KMC Mag Group said.
Property Deals soar to P23.3B in the second quarterKMC Savills, Inc.
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The real estate industry continued to be robust, registering a record quarterly volume of transaction of P23.23 billion ($505 million) in the second quarter driven by large-scale land deals.
Promoting a culture of excellence in real-estate developmentKMC Savills, Inc.
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Appreciation for effort is the key to the development of the real estate so that excellence may be achieved. Thank you, Ms. Amor Maclang, @businessmirror, for your continuous support to the Philippine real estate market.
The AAP Tower is a 10-storey mid-rise building situated along Aurora Boulevard in Quezon City. This mixed use building has available office and retail spaces for lease. For inquiries, email us at landlordrep@kmcmaggroup.com
According to Expat newspaper, as Cebu continues to make waves and compete in the BPO industry, more challenges also started to arise that requires close attention and preventive measures.
KMC Managing Director Michael McCullough presented the upcoming opportunities, strategies and possible solutions to overcome these challenges during the 1st Property Summit Cebu last July 17, 2015.
- In Q1 2015, investment activity in commercial property remained high across many Asia Pacific markets, though sentiment was lacklustre in some places like Hong Kong.
- Office markets were strong in many cities, with high demand driving rents up. Retail and residential saw more challenges.
- Major transactions over the quarter included the sale of office buildings in Sydney and Shanghai, and a hotel and retail property in Brisbane.
- The document is a survey report from Savills, a global real estate services company, on prime property benchmarks across Asia Pacific markets.
- It provides data on prime office, retail, residential, and hotel market rental rates and costs in 17 cities in the region. The data is presented in tables and graphs with 6-month comparisons.
- Savills operates out of over 600 offices worldwide including 56 in Asia Pacific, providing services such as consulting, property management, leasing, and valuations.
The document provides an overview of investment activity in various Asia Pacific real estate markets in Q2 2015. It notes that the Japanese economy is showing signs of recovery while real estate transactions have remained strong. It also discusses strong investment volumes in the commercial property markets of Australia, signs of increased investment activity in China and Korea, and uncertainty introduced by stock market volatility in Hong Kong. The document concludes by stating that big ticket commercial deals will determine if Singapore's investment sales perform better than last year.
J Centre Mall is a 5-storey mixed-use building located in the emerging city of Mandaue in Cebu, Philippines. It is one of Cebu's top malls and contains a variety of food and retail outlets. The property has PEZA-registered office spaces available for lease on the 2nd and 4th floors, totaling around 8,000 square meters. As a PEZA-registered property, it offers tax incentives for locators. It is located near the Mactan-Cebu International Airport and has existing BPO tenants.
Jackman Plaza is a 6-floor office building located at 1038 EDSA in Quezon City that is being marketed for lease. It has PEZA-accredited office spaces ranging from 1,000 to 1,696 square meters per floor. The building is near major establishments like SM City North EDSA and is accessible via major roads and the LRT Roosevelt Station. KMC MAG Group is the sole leasing agency for available office spaces on the 4th, 5th, and 6th floors of the building.
ArthaLand Tower is an upcoming office development in the center of the Bonifacio Global City CBD. Contact us for inquiries on available office space for lease in ArthaLand Tower, BGC.
Inoza Tower s a rising Grade A headquarter building located along the northern side of Bonifacio Global City, the newest emerging district in the city. Contact us for more information about office spaces in Inoza Tower for lease/rent or for sale.
An 11th floor unit located in The Peak Tower, a 42,000 square meter building constructed in 1995 in Makati City, is available for sale at a base price of 80,000 PHP per square meter. The unit has a floor area of 1,050 square meters and comes with 5 parking slots that can be purchased for an additional 700,000 PHP per slot. The building has split type air conditioning, globe and sun telecommunications, and transportation access via jeepney, taxi and shuttle.
The document provides details on commercial real estate properties in various locations around the Philippines, including Bonifacio Global City, Quezon City, Cebu City, and Davao City. For each property, specifications such as developer, size, availability, rates, and features are listed. KMC MAG Group/Savills is identified as the sole leasing agency for all of the properties presented.
The Philippine office market recorded its lowest quarterly take-up this quarter but was able to sustain
a robust rental growth, according to the latest Office Briefing Q1 2015 presented by KMC
MAG Group, an International Associate of Savills.
According to the briefing, office take-up during the last quarter is the market’s lowest for the past
five quarters but this did not affect rental growth as the decline was only due to the lack of supply
across the central business districts. More here: http://kmcmaggroup.com/media/443804/office_brief_q1_2015_press_release.pdf
The Cebu office market is attractive investors as projects in the area continue to be rolled out but the lack of infrastructure development and poor connectivity remain obstacles to its growth, real estate services provider KMC Mag Group said.
The Cebu office market is attractive investors as projects in the area continue to be rolled out but the lack of infrastructure development and poor connectivity remain obstacles to its growth, real estate services provider KMC Mag Group said.
Property Deals soar to P23.3B in the second quarterKMC Savills, Inc.
Ìý
The real estate industry continued to be robust, registering a record quarterly volume of transaction of P23.23 billion ($505 million) in the second quarter driven by large-scale land deals.
Promoting a culture of excellence in real-estate developmentKMC Savills, Inc.
Ìý
Appreciation for effort is the key to the development of the real estate so that excellence may be achieved. Thank you, Ms. Amor Maclang, @businessmirror, for your continuous support to the Philippine real estate market.
The AAP Tower is a 10-storey mid-rise building situated along Aurora Boulevard in Quezon City. This mixed use building has available office and retail spaces for lease. For inquiries, email us at landlordrep@kmcmaggroup.com
According to Expat newspaper, as Cebu continues to make waves and compete in the BPO industry, more challenges also started to arise that requires close attention and preventive measures.
KMC Managing Director Michael McCullough presented the upcoming opportunities, strategies and possible solutions to overcome these challenges during the 1st Property Summit Cebu last July 17, 2015.
- In Q1 2015, investment activity in commercial property remained high across many Asia Pacific markets, though sentiment was lacklustre in some places like Hong Kong.
- Office markets were strong in many cities, with high demand driving rents up. Retail and residential saw more challenges.
- Major transactions over the quarter included the sale of office buildings in Sydney and Shanghai, and a hotel and retail property in Brisbane.
- The document is a survey report from Savills, a global real estate services company, on prime property benchmarks across Asia Pacific markets.
- It provides data on prime office, retail, residential, and hotel market rental rates and costs in 17 cities in the region. The data is presented in tables and graphs with 6-month comparisons.
- Savills operates out of over 600 offices worldwide including 56 in Asia Pacific, providing services such as consulting, property management, leasing, and valuations.
The document provides an overview of investment activity in various Asia Pacific real estate markets in Q2 2015. It notes that the Japanese economy is showing signs of recovery while real estate transactions have remained strong. It also discusses strong investment volumes in the commercial property markets of Australia, signs of increased investment activity in China and Korea, and uncertainty introduced by stock market volatility in Hong Kong. The document concludes by stating that big ticket commercial deals will determine if Singapore's investment sales perform better than last year.
J Centre Mall is a 5-storey mixed-use building located in the emerging city of Mandaue in Cebu, Philippines. It is one of Cebu's top malls and contains a variety of food and retail outlets. The property has PEZA-registered office spaces available for lease on the 2nd and 4th floors, totaling around 8,000 square meters. As a PEZA-registered property, it offers tax incentives for locators. It is located near the Mactan-Cebu International Airport and has existing BPO tenants.
Jackman Plaza is a 6-floor office building located at 1038 EDSA in Quezon City that is being marketed for lease. It has PEZA-accredited office spaces ranging from 1,000 to 1,696 square meters per floor. The building is near major establishments like SM City North EDSA and is accessible via major roads and the LRT Roosevelt Station. KMC MAG Group is the sole leasing agency for available office spaces on the 4th, 5th, and 6th floors of the building.
ArthaLand Tower is an upcoming office development in the center of the Bonifacio Global City CBD. Contact us for inquiries on available office space for lease in ArthaLand Tower, BGC.
Inoza Tower s a rising Grade A headquarter building located along the northern side of Bonifacio Global City, the newest emerging district in the city. Contact us for more information about office spaces in Inoza Tower for lease/rent or for sale.
An 11th floor unit located in The Peak Tower, a 42,000 square meter building constructed in 1995 in Makati City, is available for sale at a base price of 80,000 PHP per square meter. The unit has a floor area of 1,050 square meters and comes with 5 parking slots that can be purchased for an additional 700,000 PHP per slot. The building has split type air conditioning, globe and sun telecommunications, and transportation access via jeepney, taxi and shuttle.
The document provides details on commercial real estate properties in various locations around the Philippines, including Bonifacio Global City, Quezon City, Cebu City, and Davao City. For each property, specifications such as developer, size, availability, rates, and features are listed. KMC MAG Group/Savills is identified as the sole leasing agency for all of the properties presented.
The Philippine office market recorded its lowest quarterly take-up this quarter but was able to sustain
a robust rental growth, according to the latest Office Briefing Q1 2015 presented by KMC
MAG Group, an International Associate of Savills.
According to the briefing, office take-up during the last quarter is the market’s lowest for the past
five quarters but this did not affect rental growth as the decline was only due to the lack of supply
across the central business districts. More here: http://kmcmaggroup.com/media/443804/office_brief_q1_2015_press_release.pdf
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John Schmitz touts his business acumen and helping the poor. However the record shows more than 50 code violations on his properties that he's owned in the past.
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The Estevan Mercury has played a vital role in the city’s media landscape for more than a century. As one of the longest-running newspapers in Saskatchewan, its closure marks the end of an era for local journalism. With its final edition, No. 1228, the publication leaves behind a rich legacy of informing, educating, and connecting the people of Estevan. Editor David Willberg announced the difficult decision on social media, leading to an outpouring of tributes from residents and journalists alike. While print editions will no longer be available, articles from Estevan will still be accessible through SaskToday.ca.
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Visit Here: https://voiceofarticle.com/teresa-youngblut/
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