BusinessWorld | Property investments seen rising
Investment opportunities in the Philippines’s real estate sector are seen to increase with Asian development, cheaper and easier access to financing, and growing demand for property assets. At the 4th Annual Asia Pacific Real Estate Investment Summit yesterday, industry stakeholders and government officials alike touted the various opportunities in the country’s growing real estate sector. “Economic growth bodes well for real estate here in the Philippines. The local market will continue to grow amid the prevalence of low interest rates, the high liquidity … and with the housing backlog still to be addressed, as well as tourism goals, there is a lot of room for private sector investment,” Jaime E. Ysmael, Ayala Land, Inc. chief financial officer, said.