28 June 2014

Makati City, Philippines – In our country, we can say that the economy is on the upswing as we see the surge in construction activities and shortage of good commercial office space. One company with a good read on the real estate market is Colliers International-Philippines. Colliers is a multinational property management firm that also focuses on investments and partnering with a client with the perfect property for their business. Its  expertise and current market knowledge has made it a leader in understanding the Philippine real estate market and its trends.

Always at the forefront
From high-rise buildings like the RCBC Plaza on Ayala Avenue to industrial warehouses and factories, Colliers has always been at the forefront of corporate real estate and property management. Aside from corporate, investment and industrial property management, it  also focuses on commercial, residential and leasing, making its teams well-rounded and equipped to manage all types of properties.

Colliers is also an international company, allowing it to introduce overseas properties as investments to Filipinos. With our large expatriate population, Colliers has become a valuable resource for those looking to invest abroad.

Recently, Colliers presented various property projects in prime areas, including Melbourne, Australia; Vancouver, Canada and Hollywood, California. Colliers can search for the best locations for its clients depending on their needs. The real estate presentation was held at The Manila Peninsula, presided by Chris Wells, Colliers’ North American specialist.

The Residences at W Hollywood was developed by HEI Hotels & Resorts, Gatehouse Capital and HKS Architects and has won awards for its form and function. The property boasts design features that utilize only the best materials that can hold its own with specially customized homes. The Residences at W Hollywood is also LEED Certified Silver, making it luxurious, environmentally responsible and energy-efficient.

Chris also focused on Gastown, the historic Vancouver location, being one of the oldest neighborhoods in the city. Gastown is currently undergoing an urbanization revolution, thus making the properties in that location a prime investment.

Aussie market
Trent Muffet, of the Colliers Jakarta office, then talked about the Australian market, specifically Melbourne properties like the Alfred terraces. He gave potential Filipino investors a glimpse of how the Australian market is and its ability to solidify their investments with value appreciation. The Alfred terraces are exclusive residences located in Melbourne’s most desirable inner city suburbs, but not too far off from the commercial business district.
The international property market is becoming more open and there is no shortage of purchase opportunities, but it’s about getting the right property at the right time at the right location. For first-time investors, it is best to seek assistance from those with knowledge of the market and trends that will make the investments pay off. Colliers is a well-respected property management company, with 485 offices in 63 countries on six continents. In Manila, they are at 10/F, Tower 2 of RCBC Plaza, tel. 888-9988.

By: Tessa Prieto-Valdez, Philippine Daily Inquirer


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