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FDC Green Energy to build solar plant in Misamis Oriental
tion, Cordero said the resumption of recreational and entertainment activities in shopping centers has further boosted footfall which is now observed to be close to pre-pandemic levels, especially in major retail establishments in key retail districts.
“The fast-evolving online economy in the Philippines, which is poised for further growth in the medium term, along with other trends such as the insurgence of the cold storage industry continue to create opportunities in the industrial property segment,” he said.
“The increased demand from investors led to sharp increases in selling prices of industrial land while moderate increases in standard factory buildings lease rates were observed due to the continuous delivery of new supply.”
He also said the normalizing business conditions, rising consumer income, and improved overall economic sentiment help are driving the growth momentum of the residential segment. Rizal Raoul S. Reyes