Cebu office market a ‘preferred destination’ for BPO firms – analysts

DEMAND from business process outsourcing (BPO) firms will encourage robust growth in Cebu’s office property market, according to a report released Tuesday, by Colliers International Philippines, the latest in a series of analysts to highlight the positive prospects for real estate development in the Philippines’ second city.

In its report, Colliers pointed out that Cebu is now the largest outsourcing destination outside of Metro Manila.