Colliers says emergencies offer leasing opportunities - BusinessWorld Online

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COLLIERS Philippines sees opportunities for the office leasing market in times of environmental emergencies as several IT-BPM businesses in Cebu have signed short-term office leases after the onslaught of Typhoon Odette. READ:

“We have observed that several IT-BPM players have signed leases in such facilities in the short-term or until electricity providers reenergize their employees’ respective areas,” Colliers Senior Manager of Office Services Winston B. Luna said in a media release on Wednesday.

Fitted offices are premises for office or commercial use that are renovated, furnished, and ready for use with minimal setting up. “With the learnings from the COVID-19 pandemic and Typhoon Odette, we urge occupiers to revisit their BCPs and consider additional office spaces as BCP sites that can accommodate employees during disruptions,” Mr. Luna said.

 

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