THE Philippine office property market was among the fastest growing markets in the Asia Pacific region in the second quarter this year in terms of rental rates due to continuing demand from the offshoring and outsourcing industries.
Real estate services firm Jones Lang Lasalle said in a report that rental rates in Manila rose 3.4 percent in the second quarter from the first, next only to Bengaluru in India which registered a growth of 4.8 percent.
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