Colliers Philippines forecasts Metro Manila’s office market to close 2026 weaker than expected. | File Photo courtesy of Shang Properties
MANILA, Philippines — Colliers Philippines expects Metro Manila’s office market to end the year weaker than initially projected as the Middle East conflict delays companies’ expansion plans.
During its second-quarter property briefing, Kevin Jara, Colliers director and head of office services-tenant representation, said the firm cut its full-year office demand and vacancy forecasts after leasing activity softened in the April-to-June period.
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