2013-01-31 09:09:09 -
Fast Market Research recommends "Philippines Real Estate Report Q1 2013" from Business Monitor International, now available
The Philippines Real Estate report examines the commercial office, retail, industrial and construction segments in the context of a sector on the up. After a year of outperformance in 2011 and a strong start up until H112, the outlook for the remainder for 2013 remains relatively rosy, although macroeconomic headwinds remain on the horizon.
With a focus on the principal cities of Manila, Makati City and Cebu City, the report covers the rental market performance in terms of rates and yields over the past 18 months and examines how best to maximise returns in the commercial real estate market, while minimising investment risk and exploring the impact of the government led growth on a market soon to be characterised by Public-Private
Partnership (PPP) construction.
Full Report Details at
-
www.fastmr.com/prod/529450_philippines_real_estate_report_q1_201 ..
A recent pledge by the Philippine government to boost infrastructure spending throughout the remainder of 2012, as well as to improve monetary conditions suggest that a sustained uptick in construction activity is on the cards in the short-to-medium term. This will surely have positive repercussions for the industry, in the form of increased demand and most importantly a spur in supply. What's more, the much-touted PPP scheme seems to have finally taken off. There are as many as 22 infrastructure projects in the initial phase of the PPP programme, which are all set to complete their tendering process before the end of 2012.
BMI warns, however, there may be a bump in the roadmap towards ongoing growth in the sector in the form of the present macroeconomic backdrop. Given the government's continued inability to promote growth-positive initiatives, we continue to see the Philippine economy growing well below potential over the medium term.
Key Points
* Economy: Following stronger-than-expected Q112 growth of 6.4% year-on-year, we have upgraded the Philippines' full-year GDP growth forecast from 3.9% to 4.2%. That said, we still expect the economy to slow in the second half of the year as poor external conditions clash with a relatively healthy domestic economy.
* Construction: The blistering increase in public construction investment in the first quarter of 2012 supports our view that conducive monetary conditions and robust government spending would bring real growth to the Philippine construction sector. Therefore, we are maintaining our forecasts for the sector, with real growth expected to reach 6.7% in 2012. Beyond 2012, we remain relatively positive towards the sector due to the government's growing ability to boost infrastructure spending as well as pertinent progress made with the government's PPP Programme and key private sector projects.
Report Table of Contents:
SWOT Analysis
- Philippines Real Estate And Construction SWOT
- Philippines Political SWOT
- Philippines Economic SWOT
- Philippines Business Environment SWOT
Real Estate Market Overview
- Retail
- Construction
- Manila
- Makati City
- Cebu City
Real Estate Market Analysis - Office
- Supply And Demand
- Rents And Yields
- Table: Historic Rents - 2011-2012 (PHP per m2/month)
- Table: Net Yield, 2011-2013 (%)
- Table: Terms Of Rental Contract/Leases - H112
- Industry Forecast Scenario
- Table: Forecast Rents - (PHP per m2/month)
- Table: Forecast Net Yield, 2010-2017 (%)
Real Estate Market Analysis - Retail
- Supply And Demand
- Rents And Yields
- Table: Historic Rents - 2011-2012 (PHP per m2/month)
- Table: Net Yield, 2011-2013 (%)
- Table: Terms Of Rental Contract/Leases - H112
- Industry Forecast Scenario
- Table: Forecast Rents - (PHP per m2/month)
- Table: Forecast Net Yield, 2010-2017 (%)
Real Estate Market Analysis - Industrial
- Supply And Demand
- Rents And Yields
- Table: Historic Rents - 2011-2012 (PHP per m2/month)
- Table: Net Yield, 2011-2013 (%)
- Table: Terms Of Rental Contract/Leases - H112
- Industry Forecast Scenario
- Table: Forecast Rents - (PHP per m2/month)
- Table: Forecast Net Yield, 2010-2017 (%)
Forecast Scenarios
- Infrastructure Report
- Table: Philippines Construction And Infrastructure Industry Data, 2009-2016
- Table: Philippines Construction And Infrastructure Industry Long-Term Forecast, 2014-2021
- Construction And Infrastructure Forecast Scenario
- Macroeconomic Outlook
- Table: Philippines - Economic Activity
Real Estate Risk Reward Ratings
- Real Estate/Construction Risk/Reward Ratings
- Table: Asia Pacific Real Estate Risk/Reward Ratings
- Philippines' Business Environment
- Table: BMI Business And Operation Risk Ratings
- Institutions
- Table: BMI Legal Framework Rating
- Infrastructure
- Table: Labour Force Quality
- Market Orientation
- Table: Asia, Annual FDI Inflows
- Table: Trade And Investment Ratings
- Table: Top Export Destinations
- Operational Risk
Competitive Landscape
- REITs
- Construction
Company Profiles
- Ayala Land
- EEI Corporation
- Filinvest Land Incorporated
- First Philippine Balfour Beatty
- Megaworld Corporation
- Robinsons Land Corporation
- SM Prime Holdings
- Vista Land & Lifescapes Incorporation
Demographic Data
- Table: Philippines' Population By Age Group, 1990-2020 ('000)
- Table: Philippines' Population By Age Group, 1990-2020 (% of total)
- Table: Philippines' Key Population Ratios, 1990-2020
- Table: Philippines' Rural And Urban Population, 1990-2020
BMI Methodology
- How We Generate Our Industry Forecasts
- Construction Industry
- Bank Lending
- Real Estate/Construction Business Environment Rating
- Table: Weighting Of Indicators
- Sources
About Business Monitor International
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at
www.fastmr.com/catalog/publishers.aspx?pubid=1010
About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.
For more information about these or related research reports, please visit our website at
www.fastmr.com or call us at 1.800.844.8156.