Reopening Workspaces: What to Expect

Workplaces and Offices

Reopening Workspaces: What to Expect

May 26, 2020 • PRIME Philippines Research & Advisory Group

The implementation of lockdown in the country to combat the pandemic has called for a restriction of activity, and thereby a standstill in real estate ventures and pursuits. Various companies and employers have begun to enforce work-at-home procedures to minimize the risk of employees contracting the virus.
Philippine Commercial Land Sector amid Extended Quarantine

Investments

Philippine Commercial Land Sector amid Extended Quarantine

May 26, 2020 • PRIME Philippines Research & Advisory Group

Commercial land values had significantly grown in major business nuclei in the Philippines before the pandemic hit the overall business environment undesirably. Major factors such as condominium and office rents and supply play a significant role in determining the movements in the commercial land values especially in primary business districts in the Philippines.
Philippine Commercial Land Sector amid Extended Quarantine

Investments

Philippine Commercial Land Sector amid Extended Quarantine

May 26, 2020 • PRIME Philippines Research & Advisory Group

Commercial land values had significantly grown in major business nuclei in the Philippines before the pandemic hit the overall business environment undesirably. Major factors such as condominium and office rents and supply play a significant role in determining the movements in the commercial land values especially in primary business districts in the Philippines.
Residential Sector: What’s next?

Residential

Residential Sector: What’s next?

May 22, 2020 • PRIME Philippines Research & Advisory Group

A few months after the new coronavirus (COVID-19) outbreak, the Philippine property market, specifically the residential sector, managed to remain stable. In fact, in the first two months of the year, the residential market continued to launch some projects. Even after the implementation of the enhanced community quarantine (ECQ), it managed to continue its transactions online. There may be a slowdown, but the business kept going.
Hotel Sector: Pressing on Amid the Crisis

Hotel and Tourism

Hotel Sector: Pressing on Amid the Crisis

May 20, 2020 • PRIME Philippines Research & Advisory

The tourism industry started its year with an 8.8% YOY growth for the month of January, but the new coronavirus (COVID-19) began to take its toll on the industry after the travel ban in February and the enhanced community quarantine (ECQ) in March. Tourist arrivals in the country started to decrease, recording a 45% and 70% YOY drop in February and March, respectively.
Disruption to Resumption: Choosing the Next Step for Retailers

Retail and Commerce

Disruption to Resumption: Choosing the Next Step for Retailers

May 15, 2020 • PRIME Philippines Research & Advisory

The prolonged and continuous improvisation of the community quarantine has left business operations in a vulnerable state. Majority of retail operations are struggling to adapt to the impact of the COVID-19 pandemic to the industry. Though use of digital retail is progressive during this period, physical retail establishments are still reeling from being temporarily closed down.
Are We Ready for Digital Retail?

Tech and Innovation

Are We Ready for Digital Retail?

May 13, 2020 • PRIME Philippines Research & Advisory

The Philippines’ retail landscape has changed its course in the last two months, following the recent effects of the COVID-19 global pandemic in the country. Since the commencement of the quarantine period, vehicular and human mobility have been reduced, causing uncertainties for a number of retail establishments. As the country’s physical retail scene continues to struggle, PRIME Philippines, the leading real estate advisory and consultancy firm in the country, assessed and presented the viability of going digital for most retail establishments to thrive.
Reimagining the New Normal in Real Estate

COVID-19

Reimagining the New Normal in Real Estate

May 07, 2020 • PRIME Philippines Research & Advisory

As COVID-19 continues to induce uncertainty and disruptions across all markets, businesses are forced to be agile with their plans. Although projecting future scenarios can be very difficult, it is still important for businesses to try to anticipate changes in market behavior.
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