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Philippine Property Outlook | Gearing up for an economic rebound in 2021

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Colliers believes that developers should continue to adapt to the evolving preferences of investors and tenants to survive in a property market that has been redefined by the pandemic.

In our opinion, developers should continue converting and repurposing assets to take advantage of opportunities brought about by a lockdown economy. We recommend that developers and tenants continue to monitor opportunities in the market especially with the government-projected economic rebound in 2021.

Colliers Philippines believes that office landlords should be proactive in offering alternative leasing schemes to tenants while mall operators and retailers should ramp up omnichannel strategies to take advantage of pent up demand. Condominium developers should be on the lookout for attractive sites and price segments in the pre-selling market.

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Philippine Property Outlook | Gearing up for an economic rebound in 2021

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Joey Bondoc

Associate Director

Research

Manila

Prior to joining Colliers in March 2016, Joey worked as a Research Manager for a research and consutancy firm where he handled business, political, and macroeconomic analysis. He took part in a number of consultancy projects with multilateral agencies and provided research support and policy recommendations to key government officials and top executives of MNCs in the Philippines.

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