Demand for office space increasing

JLL Philippines, Country Manager Lindsay Orr stated that the demand for office space has been increasing as BPO service industries want easily accessible workspaces.

JLL Philippines recently acquired 5,400 sqm of office space for Arcadis, a global design, and consultancy company.

David Burgess, Arcadis shared services director said that the office in Manila architects and engineers provide support for the company’s projects in over 70 countries.

According to Lindsay Orr, Arcadis was attracted to the Philippines because of its reliable workforce and low costs of business. Currently, Arcadis office in Manila has 712 employees that are skilled in taking up projects in Australia, Middle East, Asia Pacific, and United Kingdom. It expects to hire an additional 300 employees in the next two years.

JLL Philippines benefited greatly by catering to the needs of the BPO service industry. In Bonifacio Global City, JLL Philippines is the broker and they have successfully helped BPO service industry to expand into second-tier cities such as Davao and Iloilo.

JLL Philippines are able to successfully forecast the demand made by BPOs. Lindsay Orr also said that it’s cost effective office rents are one of the major drivers that attract companies worldwide.