"Philippines Real Estate Report 2016" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Fri Dec 18 2015

The Philippine economy has remained resilient in the face of the Chinese economic slowdown and falling global demand. Strong local consumption, supported by rising employment and incomes, ensures that the economy remains on a growth trajectory and that the outlook for commercial real estate remains bright. In particular, the office and retail segments should provide opportunities for new players.

We forecast real GDP growth of 6% in 2016, up from 5.7% 2015, amid higher government spending that will spur activity in the private sector. The economy also benefits from remittances from Filipinos working overseas and the thriving local business process outsourcing (BPO) industry. However, external challenges come from the slowing Chinese economy, a looming rise in interest rates, the stronger US dollar and weaker Chinese yuan, which will dampen investor appetite.

Full Report Details at
- http://www.fastmr.com/prod/1075323_philippines_real_estate.aspx?afid=302

In the short term, high demand for office and retail space should influence development activity in 2016, while the industrial sub-sector is likely to see growth as a result of rising land values and greater interest from foreign firms.

Manila is the country's capital and economic hub. It is also the dominant retail location, and there is significant foreign interest in all real estate segments of the city. Meanwhile, Cebu benefits from the booming BPO industry, which will drive demand for high quality office space. Makati is regarded as a financial hub, we expect a slight fall in construction activity and demand as the lack of available land puts investors off.

The office sub-sector will benefit from the growth of the BPO, knowledge process outsourcing (KPO) and e-commerce industries in the country. Limited supply and good demand will sustain rental rate rises, although the small development pipeline is not forecast to pick up until after the May 2016 elections.

The Philippines Real Estate Report features BMI Research's market assessment and independent forecasts of major construction projects in the residential and commercial markets, plus rental prices and yields in major cities. The report critically analyses the prospects for real estate within the broader economic and financial context - both domestic and global - via our econometrically-modelled and clearly explained banking and economic forecasts and follows this through to evaluate the implications for REITs.

BMI's Philippines Real Estate Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the real estate industry in Philippines.

Key Benefits

* Benchmark BMI's independent real estate industry forecasts for Philippines to test other views - a key input for successful budgeting and strategic business planning in the Philippine real estate market.

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You may also be interested in these related reports:

- United States Real Estate Report 2016
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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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