Philippines’ penchant for online shopping to lift Manila’s logistics property rents by up to 5% this year: Knight Frank

By Cheryl Arcibal

With Filipinos shopping online more than ever, rental growth for industrial space in Manila is likely to rise between 3 per cent and 5 per cent this year after jumping nearly 40 per cent last year, Knight Frank says.

Source: Philippines’ penchant for online shopping to lift Manila’s logistics property rents by up to 5% this year: Knight Frank