JLL 'cautiously optimistic' on property market

By Faye Almazan

Jan 28, 2022 12:08 am

REAL estate services firm JLL Philippines said they are 'cautiously optimistic' on the country's property market as challenges remain despite the improvement in sentiment.

'There is improved market sentiment and market reforms that we're seeing now but definitely, there are still a lot of headwinds in the short term,' Janlo de los Reyes, JLL Philippines head of research and consultancy, said in a virtual briefing on Wednesday.

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