MANILA, Philippines - Citibank recently treated its clients to an exclusive briefing on investment opportunities, this time focusing on real estate trends. Dubbed the Gold Conversation Series, the by-invitation only affair was for clients of Citigold, Citibank’s premier wealth management service.
Judith Go, branch banking Director, welcomed clients to the event and related Citigold’s commitment to addressing a wide range of topics relevant to growing and preserving wealth. “In addition to regular market outlook updates, we also bring in experts on other fields to help you in your financial decisions. As your wealth manager, we take this responsibility seriously,” Go said.
In this Gold Conversation Series, property expert David Leechiu, regional director and country manager of Jones Lang LaSalle Leechiu, was invited to give a preview on the growth and prospects in the real estate industry. “Very high net worth individuals buy assets and real estate,” he said.
The office space market continues to grow in Metro Manila with more demand from business process outsourcing firms, Leechiu said. While rental rates are increasing it is still one of the most affordable office markets in Asia Pacific.
Leechiu also talked about residential condominium development in the country that today affords quality housing for the middle class. He also said people are moving closer to their workplace which makes condominiums appealing to the professionals.
Citibank introduced Citigold Wealth Management in the Philippines in the early 1990s providing premium banking experience to the affluent market. As the preferred financial partner, Citigold helps clients grow, manage and protect their wealth and secure their financial future with its team of professionals, unmatched research services, world-class products, global access, and exclusive privileges and rewards.
“We are committed to providing you our award-winning service and as we celebrate our 200 years, Citi will be with you every step of your financial journey,” said Go.