the United States 's flexible office space market grew 10% to 3.8 million sq ft last year and is predicated to expand 10% or more last year for the next three years , according to CBD . An expanding mobile workforce supported by improved IT infrastructure has helped fuel demand but multinationals will add momentum as the market matures, Colliers said. And that office stock in Manila should grow again by at least 10 per cent a year for the next three years, Colliers director Maricris Sarino-Joson has predicted. The Philippine capital’s CBD is home to 70 locations spread over 417,000 sq ft, which accounts for 14% of all office supply. The figure is 3.2% in the wider region. Local property developers have expanded into the sector and Colliers expects to see M&A activity.
the United States 's flexible office space market grew 10% to 3.8 million sq ft last year and is predicated to expand 10% or more last year for the next three years , according to CBD . An expanding mobile workforce supported by improved IT infrastructure has helped fuel demand but multinationals will add momentum as the market matures, Colliers said. The Philippine capital’s CBD is home to 70 locations spread over 417,000 sq ft, which accounts for 14% of all office supply. The figure is 3.2% in the wider region. Local property developers have expanded into the sector and Colliers expects to see M&A activity.