Bacolod office sector. BPO. KPO.

1. COLLIERS INTERNATIONAL | PRIVATE & CONFIDENTIAL
In a nutshell:
BACOLOD OFFICE SECTOR
PROPERTY MARKET OVERVIEW
Primarily caters
to call center
firms
KPOs such as
medical coding
firms planning
to locate Untapped
PEZA-
proclaimed
properties

2. COLLIERS INTERNATIONAL | PRIVATE & CONFIDENTIAL
OFFICE SUPPLY AND DEMAND
Bacolod
PROPERTY MARKET OVERVIEW
Vacancy is below 4%
We do not see overall vacancy exceeding 5% over the
next 2-3 years given sustained demand and limited
new supply
New office space to be developed by Ayala and a local
developer
Rents at PHP310-PHP560 per sq m a month. Projected
to rise between 2% and 4% per year

3. COLLIERS INTERNATIONAL | PRIVATE & CONFIDENTIAL
MAJOR BPOs in BACOLOD
PROPERTY MARKET OVERVIEW

4. COLLIERS INTERNATIONAL | PRIVATE & CONFIDENTIAL
OFFICE SUPPLY FORECAST, GLA (sq m) & VACANCY
Bacolod City
PROPERTY MARKET OVERVIEW
LOCATION As of 2017 2018F 2019F 2020F Total
Bacolod City
(sq m, GLA)
107,500 16,000 - 5,000 128,500
VACANCY 4Q 2017
Bacolod City 4.5%
RENT 4Q 2017
Bacolod City
PHP310 – 560
per sq m a month

5. COLLIERS INTERNATIONAL | PRIVATE & CONFIDENTIAL
Public-Private Partnership
Bacolod office
PROPERTY MARKET OVERVIEW

6. COLLIERS INTERNATIONAL | PRIVATE & CONFIDENTIAL
KEY OBSERVATIONS
Bacolod office
CEBU PROPERTY MARKET OVERVIEW
 Declining competitiveness a concern
 Demand for plug and play office
 Availability of PEZA properties
 Brownfield asset development
 Public-Private Partnership
 Back-up site