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Philippine property boom seen to continue

Posted on 30 June 2011

The local real property sector is expected to maintain its growth trajectory in the coming years, driven by huge demand for traditional office and business process outsourcing space as well as retail establishments.
Rick Santos, chairman and chief executive of real estate advisory firm CB Richard Ellis Philippines, said in a briefing Wednesday that the growth that the Philippines was seeing could not be considered a bubble as there was a lot of real demand and the sector’s fundamentals were very strong……………………………………….Full Article: Source


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