Results of our survey show property stakeholders recalibrating amid disruptions in the market
The results of our Colliers Philippines survey, conducted during our 9 February 2021 webinar reveal how respondents have been responding to COVID-19 induced disruptions in the market. In our view, these present opportunities for property players beyond 2021.
In our opinion, landlords should continue being proactive in offering alternative leasing schemes to tenants.
Condominium developers should be on the lookout for peripheral areas in Metro Manila that are viable for mid-income to upscale residential projects.
Hotel operators that are flexible enough to pivot to existing market demands should consider offering hotel rooms as quarantine facilities and flexible workspaces.
Meanwhile, mall operators facing rising vacancies in Metro Manila should explore the viability of repurposing and converting vacant spaces into warehouses and fulfillment centres within Metro Manila.
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