Key Macroeconomic Indicators

PHP 57.0950

USD-PHP EXCHANGE RATE
As of April 19, 2024

3.7 %

INFLATION
As of March 2024

5.6 %

GDP GROWTH
As of Q4 2023

$ 826 million

FOREIGN DIRECT INVESTMENTS
As of December 2023

6,420.50 (1.57%)

PSE Index
As of April 19, 2024

5.57 %

91-DAY T-BILL RATE
As of February 2023

3.5 %

UNEMPLOYMENT RATE
As of February 2024

12.4 %

UNDEREMPLOYMENT RATE
As of February 2024

7.31 %

1 YEAR AVERAGE
BORROWING RATE
As of October 2023

8.5 %

5 YEAR AVERAGE
MORTGAGE RATE
As of February 2024
Sources: Bangko Sentral ng Pilipinas, Philippine Statistics Authority, and Philippine Stock Exchange
Understanding RA 11956: The Extended Estate Tax Amnesty Act

Understanding RA 11956:
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Understanding RA 11956: The Extended Estate Tax Amnesty Act
Assessing Air Travel Infrastructure in Metro Manila: Four Key Airports and Their Role
Corfac International Welcomes TFA to the network
TF CCIM Deal Makers
previous arrow
next arrow

Sectors We Cover

Office

We study the client’s business to understand its goals and priorities to ensure alignment with its real estate choices. We have a strong track record representing a wide range of tenants including multinationals from all over the world, BPO and shared service providers, tech start ups, retail operators from gyms to F&B, creative industries, and government and quasi-government agencies

Industrial

Our team continuously stays abreast of the industrial property trends, warehouse and factory building construction costs, and relevant regulatory issuances from PEZA, BOI and BIR to better service our clients. We have provided investment and transaction advice to Filipino, American, European, Asian, and Australian companies setting up industrial operations in the Philippines, both within PEZA/eco zones and outside.

Residential

We transact residential property sales and leases on behalf of select clientele, advising them on timing, positioning, pricing, negotiations, risk management and tax impact. Our expertise includes investments in high-end vertical residential condominiums and exclusive subdivisions, as well as unique opportunities such as resort-type properties / beachfront and luxury penthouses in the heart of the city.

Raw / Ready-To-Develop Land

We perform feasibility and highest and best use studies as a preparatory phase in our exclusive engagements. We build robust models capable of millions of iterations of scenarios and sub-scenarios, and present our findings on both the quantitative and qualitative aspects in ways that are best appreciated by the client’s stakeholders, so they in turn can make well informed decisions. We assist the client in planning and implementing their chosen strategy, whether it be an acquisition, disposition, build-to-suit, or joint venture development.

Property News

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