MANILA remained the third most affordable city for prime office rents in the Asia-Pacific region in the third quarter, according to real estate consultancy Knight Frank.
On an annual basis, Manila’s occupancy cost fell by 1.7%, slightly below the average 2.5% decline in the region, a Knight Frank Asia report released on Oct. 22 showed.
The average prime office cost in Manila was $29.64 per square foot (sq.ft.) in the July-to-September period.
rd
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
