PHL property sector may face uneven recovery this year, says Cushman & Wakefield - BusinessWorld Online

PHL property sector may face uneven recovery this year, says Cushman & Wakefield - BusinessWorld Online

THE PHILIPPINE property sector is likely to experience an uneven recovery across its segments this year, as economic uncertainty and geopolitical tensions continue to dampen investor sentiment, according to property consultancy firm Cushman & Wakefield (C&W). However, the firm expects short-term appetite for prime assets with strong demand, it said in its latest Philippine Office and Investment MarketBeat Report. “Over the next 12 to 18 months, …