Philippine property sector continues boom in 2012
9 February 2012
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“THE outsourcing story is no longer questioned, just accepted—with the only question being the pace of expansion,” says Mr.Rick Santos, Chairman of real estate firm CB Richard Ellis (CBRE) Philippines in a press briefing.
The Philippines property is in much better shape, according to CBRE, with the growth of OFW remittances in the retail sector, declined interest rates, and expected foreign investments from the West.
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