From the Philippine angle, Colliers noted it turned into no longer the tech companies that are certainly riding the absorption of office space, however the enterprise technique outsourcing (BPO) corporations that are servicing the wishes of the tech companies overseas.
“The continuous improvement of tech merchandise with the aid of these corporations inevitably manner extra customer service groups off-shore,” Colliers stated.
A few tech companies have taken up a few workplace space within the Philippines, like Google which occupied 18,000 square meters and Uber with five,500 rectangular meters.
“And given that those organizations have set up themselves regionally, it’ll no longer be surprising to look extra of the tech corporations make bigger into the country,” Colliers said.
Tech companies also are converting the office space panorama thru the “place of job of desire” strategy.
“Choices variety from having an area of privacy to a space for collaboration to breakout rooms, bearing in mind more interplay, mirroring the abundant facilities and employee-friendly campus kind places of work of the most important tech businesses including Google and Facebook,” Colliers stated.