Makati accounted for the bulk of office leasing transactions in the first five months of 2026, while Bonifacio Global City (BGC) in Taguig remained the preferred location for business process outsourcing (BPO) firms, according to BusinessWorld.
Office take-up in Makati and BGC reached 154,000 square meters from January to May, with Makati capturing the largest share. The data, released by Leechiu Property Consultants, Inc., highlights the continued demand for premium office space in the country's traditional business districts.
The trend underscores the resilience of the Philippine office market, particularly in Metro Manila, as companies expand operations and BPO firms seek strategic locations with robust infrastructure and talent pools.