{"id":49982,"date":"2022-03-23T09:00:12","date_gmt":"2022-03-23T01:00:12","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=49982"},"modified":"2022-03-22T15:42:32","modified_gmt":"2022-03-22T07:42:32","slug":"real-estate-leasing-to-experience-boost-as-bpos-return-on-site-filreit","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/real-estate-leasing-to-experience-boost-as-bpos-return-on-site-filreit\/","title":{"rendered":"Real estate leasing to experience boost as BPOs return on-site – FilREIT"},"content":{"rendered":"
Real estate investment trust Filinvest REIT Corp (FilREIT) is expecting real estate leasing to increase as Business Process Outsourcing (BPO) companies return to their offices this April.<\/span><\/p>\n FilREIT CEO Maricel Brion Lirio said that the return-to-office order would boost the economy with a push toward job creation, consumer spending, and business growth.<\/span><\/p>\n He added that \u201cbringing operations back to highly equipped sustainable workspaces will not only increase productivity and provide stable connectivity, but will also assist workers to deal with WFH social challenges.<\/span><\/p>\n FilREIT has one of the largest percentages of BPO tenants among Philippine REITs at 90.8%. This positions them to benefit from the shift in working arrangements.<\/span><\/p>\n Filinvest REIT\u2019s portfolio consists of 17 rated Grade A office buildings across various economic zones in the country. The company is host to global BPO tenants across its over 300,000 square meters of prime leasable spaces.<\/span><\/p>\n Last February, the Fiscal Incentives Review Board (FIRB) reiterated the Resolution No. 19-21 that limits the work-from-home arrangements of the BPO industry to until March 31 only.<\/span><\/p>\n