LPC sees growth of office market this year

By Faye Almazan

Feb 05, 2022 12:12 am

REAL estate services firm Leechiu Property Consultants (LPC) sees the continued growth of the office market this year, which will be fueled by the strong IT-business process management (IT-BPM) industry.

In a webinar organized by the Nordic Chamber of Commerce of the Philippines on Thursday, LPC director for commercial leasing Mikko Barranda reported that full-year demand stood at 540,000 square meters (sqm) last year, which is 39 percent more than the 389,000 sqm recorded in 2020.

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