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Knight Frank: Manila is 6th most affordable for prime office rent in Q4

In the fourth quarter, the Philippine capital placed sixth as the most affordable city for prime office rent among 23 Asia-Pacific markets, based on the latest edition of the Asia-Pacific Office Highlights by real estate consultancy Knight Frank. On an annual basis, Manila’s occupancy cost fell by 1.1%, compared with the average 1.6% decline of the region.

Knight Frank: Manila is 6<sup>th</sup> most affordable for prime office rent in Q4