Developers urged to diversify tenant mixPROPERTY developers should diversity their tenant mix and not just rely on the business process outsourcing (BPO) industry to guard against the risk of a sudden drop in rental income, a local real estate consultancy firm said. This way, you will be able to set the right path, the right direction on which tenant you should choose for a building,” Yu concluded. Yu noted that office buildings in the country are not solely dependent on the BPO industry in terms of occupancy. There was also substantial demand from the government sector which took up 6.47 percent of the office space demand in Quezon City last year, he said. It would take up already one whole building,” Yu said.

Source: Manila Times July 29, 2016 13:18 UTC