In 2021, the vacancy rate of office spaces in Metro Manila was 18.9 percent, indicating a significant increase from the previous year's vacancy rate. This figure was forecast to gradually decrease in the coming years, reaching as low at 5.7 percent by 2026.
Vacancy rate of office spaces in Metro Manila in the Philippines in 2020 and 2021, with forecasts until 2026
Characteristic
Vacancy rate
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CBRE Group. (August 25, 2022). Vacancy rate of office spaces in Metro Manila in the Philippines in 2020 and 2021, with forecasts until 2026 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1265492/philippines-office-space-vacancy-rate-metro-manila/
CBRE Group. "Vacancy rate of office spaces in Metro Manila in the Philippines in 2020 and 2021, with forecasts until 2026." Chart. August 25, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1265492/philippines-office-space-vacancy-rate-metro-manila/
CBRE Group. (2022). Vacancy rate of office spaces in Metro Manila in the Philippines in 2020 and 2021, with forecasts until 2026. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1265492/philippines-office-space-vacancy-rate-metro-manila/
CBRE Group. "Vacancy Rate of Office Spaces in Metro Manila in The Philippines in 2020 and 2021, with Forecasts until 2026." Statista, Statista Inc., 25 Aug 2022, https://www.statista.com/statistics/1265492/philippines-office-space-vacancy-rate-metro-manila/
CBRE Group, Vacancy rate of office spaces in Metro Manila in the Philippines in 2020 and 2021, with forecasts until 2026 Statista, https://www.statista.com/statistics/1265492/philippines-office-space-vacancy-rate-metro-manila/ (last visited July 22, 2024)
Vacancy rate of office spaces in Metro Manila in the Philippines in 2020 and 2021, with forecasts until 2026 [Graph], CBRE Group, August 25, 2022. [Online]. Available: https://www.statista.com/statistics/1265492/philippines-office-space-vacancy-rate-metro-manila/