MORE property spaces should be created, especially in the office segment, given huge demand from rapidly expanding business process outsourcing (BPO) industry, a senior Jones Lang La Salle (JLL) official said.

“[It is expected] that by 2020 … the demand side of the [global] market will grow by $250 billion and if the Philippines can just get 20 percent of that which is… 50 billion; today we’re at $23 billion,” JLL Philippines Regional Director Sheila Lobien said at The Manila Times’ 6th Business Forum held at the Marriott Hotel in Pasay City last week.

Premium Subscription
P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Access to subscriber exclusive website contents
  • Access to the Digital Edition (up to 3 devices)

TRY FREE FOR 30 DAYS
Digital + Print
P 830 per month
(billed annually at P 9,960)
  • Ad-free online access
  • Access to the Digital Edition
  • Print copies**
***Not available for delivery outside of the Philippines. Delivery charges may apply to subscribers outside of Metro Manila

(No free trial for this plan)