: Developments in the Business Processing Industry (BPO) and contributions from Overseas Filipino Workers (OFW) remittances will maintain the view of a strong peripheral economy in the Philippines, ensuring the commercial real esta te industry remains resilient, with particular opportunities looking to arise in the retail and office sub-sectors, despite laggards from weakening economic dynamics.
After nominal growth of 20% in 2012, the BPO industry of the Philippines is estimated to gross revenues of upwards to USD25bn by 2016. According to these figures, the Philippines' BPO industry will account for approximately 10% of the nation's GDP. Surpassing India as the largest BPO industry in the world (as of 2010), considered as location of choice for subsequent investment owing to the attraction of a proficient English speaking, highly educated, cost-effective labour pool. Call centers have emerged as plain providers of email response and managing services, and now constitutes a substantial source of employment in the country. We expect both industries to continue to flourish in the wake of the surprise economic slowdown witnessed in Q115 as investor sentiment remains strong, and will continue to do so over out forecasted 2015 to 2019 period.
Full Report Details at
- http://www.fastmr.com/prod/1038328_philippines_real_estate.aspx?afid=301
The Philippines Real Estate Report features BMI Research's market assessment and independent forecasts of major construction projects in the residential and commercial markets, plus rental prices and yields in major cities. The report critically analyses the prospects for real estate within the broader economic and financial context - both domestic and global - via our econometrically-modelled and clearly explained banking and economic forecasts and follows this through to evaluate the implications for REITs.
BMI's Philippines Real Estate Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the real estate industry in Philippines.
Key Benefits
* Benchmark BMI's independent real estate industry forecasts for Philippines to test other views - a key input for successful budgeting and strategic business planning in the Philippine real estate market.
* Target business opportunities and risks in Philippines through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
* Assess the activities, strategy and market position of your competitors, partners and clients via our company profiles (inc. SWOTs, KPIs and latest activity).
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts, views and trend analysis covering real estate and construction, regulatory changes, major investments and projects and significant national and multinational company developments.
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Market Report, "Philippines Real Estate Report 2015", published
Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001