Property developers should upgrade their buildings by incorporating technology and design enhancements, as tenants now look for more competitive work spaces, a real estate consultancy company said on Thursday. According to Colliers Senior Research Manager Dinbo Macaranas, upgraded buildings attract high-value tenants. “Colliers recommends that developers upgrade their buildings [to create]a seamless and efficient overall experience for today’s workforce,” Macaranas said. “On the other hand, we suggest that tenants be more discerning in selecting office spaces as vacancy increases and options in the market widens alongside,” it added. “Today’s labor force is also more discerning in selecting companies to work in, and the type of work spaces would also be key in attracting the right client,” it added.

Source: Manila Times May 12, 2018 16:07 UTC