MANILA, Philippines — The Philippine industrial property sector continues to show strong growth, with 84 percent of industry players planning to expand over the next three years despite ongoing economic challenges, according to Colliers Philippines.
In its Industrial Property Market Pulse H1 2026 report released on September 10, Colliers said warehouse vacancy rates declined to 13.1 percent from 16.8 percent last year across Central Luzon, Metro Manila, and Southern Luzon, reflecting sustained demand from both traditional businesses and the e-commerce sector.
The report also noted that most developers, manufacturers, and logistics firms have recorded positive performance over the past two years, indicating continued confidence in the industry.
CALABARZON emerged as the top expansion destination, with 29 percent of respondents choosing the region, followed by Central Luzon at 23 percent. Key factors include established industrial parks, infrastructure development, and a strong labor pool.
Colliers said major infrastructure projects such as the South Luzon Container Terminal (SLCT) and SLEX Toll Road 4 (TR4) are expected to further strengthen the region’s position as a leading industrial hub.
Despite challenges such as rising costs, higher interest rates, and global economic uncertainties, the outlook for the sector remains positive, with most industry players expressing confidence in continued growth in the coming years. #
Source: MANILA BULLETIN
