The biennial conference will bring together at least 350 international real estate professionals to Manila from more than 60 countries across Knight Frank’s global network.
Santos Knight Frank, the Philippines’ pioneering real estate services company, is set to host the Knight Frank Asia Pacific Conference on November 5-7 at the Okada Manila. Founded in 1896, Knight Frank is the company’s global partner and the world’s largest privately-owned property consultancy.
At a Glance:
Rick Santos, Chairman & CEO, Santos Knight Frank says: “We are excited at Santos Knight Frank to host the biggest international real estate gathering in the Philippines this year as we celebrate our 25th anniversary. Property is increasingly becoming global, and this conference presents a rare opportunity to showcase the huge opportunities of the Philippines for cross-border investments and contribute to the nation’s inclusive economic growth.”
Rick Santos, Chairman & CEO of Santos Knight Frank.
The biennial conference will bring together at least 350 international real estate professionals to Manila from more than 60 countries across Knight Frank’s global network, including key markets such as the U.S., UK, China, Europe and Southeast Asia.
Kevin Coppel, Managing Director for Asia Pacific, Knight Frank says: “I am delighted to bring the Knight Frank Asia Pacific Conference to Manila this year. Since partnering with Rick and his team, we have seen remarkable growth in the key areas of occupier services, investment advisory, and property management in the Philippines. This growth speaks not only of the vast local opportunities but also the high regard in which Santos Knight Frank, the country’s pre-eminent real estate services company, is held in the Philippines market.”
The conference coincides with the 25th anniversary of Santos Knight Frank, which was founded by real estate veteran Rick Santos as the country’s first fully integrated real estate services company in 1994. Santos Knight Frank is responsible for nearly 4 million sqm of office space transactions, including the largest office leasing deal in Philippine real estate history, and today manages 20 million sqm of property.
The Philippines continues to see a thriving real estate market amid sustained economic growth. Strong occupier demand, especially from business process outsourcing (BPO), offshore gaming and flexible office sectors, has brought office vacancy rates to a tight level despite increasing supply of office spaces. Manila's average gross rent remains one of the lowest across 75 global markets, according to Knight Frank’s Global Occupier Market Dashboard Q2 2019.
The Philippine government’s Php 7-trillion infrastructure plan until 2022 is expected to drive further growth in regional areas, particularly cities such as Cebu, Iloilo, Clark, Bacolod, and Davao, where tourism, logistics and residential real estate are promising investment sectors.
Source: Santos Knight Frank