Real estate sector expected to hit pre-pandemic levels

By Janine Alexis Miguel

Jul 19, 2024 12:26 am

THE Philippines' real estate industry is expected to return to its pre-pandemic levels due to increasing demand across various sectors, especially for office spaces, Lobien Realty said in its midyear outlook.

Lobien Realty Group Chief Executive Officer Sheila Lobien said despite the challenging environment at the start of 2024, the second half prospects are 'very positive' as transaction volumes rise.

Lobien Realty Group Chief Executive Officer Sheila Lobien. Photo by: J. Gerard Seguia

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