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BPO Cebu

Metro Cebu Office Market a ‘Preferred Destination’ for BPO Firms

IT Park Cebu

DEMAND from business process outsourcing (BPO) firms will encourage robust growth in Cebu’s office property market, according to a report released Tuesday, by Colliers International Philippines, the latest in a series of analysts to highlight the positive prospects for real estate development in the Philippines’ second city. In its report, Colliers pointed out that Cebu…

Mature Metro Cebu Market

Philippines Central Business District

Just like in Metro Manila, the Metro Cebu office market, in particular in the cities of Lapu–Lapu, Cebu and Mandaue, is heavily driven by the business process outsourcing (BPO) industry. According to a recent study by Pinnacle Real Estate Consulting Services, there are more than 120,000 employees in the Cebu BPO industry or around ten…