Rental rates in all Metro Manila central business districts will grow by 2.3 percent quarter-on-quarter over the next two to three years, according to real estate services firm CBRE Philippines.

“We have seen an uptick in the Makati and Bonifacio Global City [BGC] markets over the past 20 years. That is both a function [of the market], and it also gives clients a strategic directions to make free commitments,” Joey Radovan, CBRE Philippines vice chairman told reporters on Tuesday.

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