{"id":52565,"date":"2022-08-16T14:18:41","date_gmt":"2022-08-16T06:18:41","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=52565"},"modified":"2022-08-16T14:18:41","modified_gmt":"2022-08-16T06:18:41","slug":"bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/","title":{"rendered":"BPOs need 450K sqm office space to accommodate pandemic hires"},"content":{"rendered":"

Returning Business Process Outsourcing (BPO) firms would need around 450,000 square meters (sq.m.) of additional office space to accommodate their recruits and the projected personnel increase post-pandemic.\u00a0<\/span><\/p>\n

In a report by real estate consultancy and property investments firm Lobien Realty Group (LRG), this trend would push the local office demand to grow further in the second half of 2022.<\/span><\/p>\n

Factors behind the return-to-office scenario in the Philippines include the observed economic recovery both here and abroad, the easing of mobility restrictions, the government\u2019s back-to-office mandate for IT-BPM companies located in economic zones, and the preference of Filipinos to physical report to their employers.\u00a0<\/span><\/p>\n

LRG added that pandemic resiliency would also drive companies to look for extra spaces. Others, meanwhile, prefer certain provinces and townships that will allow business continuity in case of lockdowns.\u00a0<\/span><\/p>\n

At the same time, the return of Philippine Offshore Gaming Operators (POGOs) \u2014 the largest office space taker pre-pandemic \u2014- is also being slowly observed in the market.\u00a0<\/span><\/p>\n

With all these expected demands, LRG is also expecting the long-term occupancy average of 95% to be breached over the next 12-18 months as companies accelerate their back-to-office operations.\u00a0<\/span><\/p>\n

Read more here.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Returning Business Process Outsourcing (BPO) firms would need around 450,000 square meters (sq.m.) of additional office space to accommodate their […]<\/p>\n","protected":false},"author":14,"featured_media":52566,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[200],"tags":[],"yoast_head":"\nBPOs need 450K sqm office space to accommodate pandemic hires - Outsource Accelerator<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BPOs need 450K sqm office space to accommodate pandemic hires - Outsource Accelerator\" \/>\n<meta property=\"og:description\" content=\"Returning Business Process Outsourcing (BPO) firms would need around 450,000 square meters (sq.m.) of additional office space to accommodate their […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/\" \/>\n<meta property=\"og:site_name\" content=\"Outsource Accelerator\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/outsourceaccelerator\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-16T06:18:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news.outsourceaccelerator.com\/wp-content\/uploads\/2022\/08\/Outsource-Accelerator-57.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"JM Nualla\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jmnualla\" \/>\n<meta name=\"twitter:site\" content=\"@outsourceaccel\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"JM Nualla\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/\"},\"author\":{\"name\":\"JM Nualla\",\"@id\":\"https:\/\/news.outsourceaccelerator.com\/#\/schema\/person\/52dcb398e0b5f91d1cd6a7d8406cf8f6\"},\"headline\":\"BPOs need 450K sqm office space to accommodate pandemic hires\",\"datePublished\":\"2022-08-16T06:18:41+00:00\",\"dateModified\":\"2022-08-16T06:18:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/\"},\"wordCount\":201,\"publisher\":{\"@id\":\"https:\/\/news.outsourceaccelerator.com\/#organization\"},\"articleSection\":[\"Local\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/\",\"url\":\"https:\/\/news.outsourceaccelerator.com\/bpos-need-450k-sqm-office-space-to-accommodate-pandemic-hires\/\",\"name\":\"BPOs need 450K sqm office space to accommodate pandemic hires - 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