Serviced office and coworking space solutions in the Philippines have become a viable alternative to conventional office space leasing. These office spaces are currently occupied by a large number of foreign and local companies, some of which include startup businesses, branch offices, expanding companies, and foreign companies in need of local representation.
Coworking has transitioned from an eccentric office space alternative for hipsters and freelancers to an attractive business solution for companies of all sizes. The appeal is flexibility. Companies, whether start-ups or more established businesses, can scale easily and less expensively through shared office facilities in prime business locations with flexible lease arrangements that include event spaces, networking opportunities, and programs designed to encourage mentorship, collaboration, community, employee wellness, and entrepreneurship.
The Business Process Outsourcing sector will continue to create majority of the demand for real estate, supported by a wide…