AFTER over a year of community quarantine and working from home, many employees feel less productive at home, and most of them seek flexibility in choosing when and where they work, according to a recent survey by real estate consultancy firm JLL Philippines. As such, offices have become more than just a place of work. It has become a social hub and will need to transform to enable hybrid work.

In its latest quarterly market overview webinar, JLL Philippines shared that office vacancy in Metro Manila rose to 14.7 percent in the first quarter of 2021 due to continuous move-outs, pre-terminations, downsizing, and softening of demand.

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