BPO leads the increase for office space demand
The BPO industry is leading the growth of office space demand in the Philippines, according to a study by Jones Lang LaSalle (JLL).
During an Office Market Study of Metro Manila and Metro Cebu, JLL stated, “The information technology-business process management (IT-BPM) industry may continue to spearhead the demand for office spaces and this potential new trend of setting up satellite offices would be a strategic fit for the industry considering the significant number of employees in the sector.”
JLL added that the shift to work from home arrangements during the pandemic did not affect the office space demand in the country.
