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                    [ArticleID] => 336184
                    [Title] => Office space dwindles in financial district
                    [Summary] => With the continued expansion of call centers and business process outsourcing (BPO) firms, available office space in the country’s premier financial district slipped to an average of 4.30 percent in the first quarter this year from 4.94 percent in the fourth quarter, according to real estate service firm CB Richard Ellis Philippines Inc. 


CBRE Phils. noted that some prime/grade A buildings reported no vacancies or no available large or contiguous floor space.


                    [DatePublished] => 2006-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 319352
                    [Title] => SPV law extension to pave way for disposal of P200-B bad assets
                    [Summary] => About P200 billion worth of non-performing assets (NPAs) is expected to be disposed off once the Special Purpose Asset Vehicle (SPV) law is extended, a real estate investment consultant said.


Jojo Salas, director of investment properties and capital markets of CB Richard Ellis Philippines Inc., said of this amount, 60 to 70 percent will comprise of non-performing loans (NPLs) while the balance will come from ROPOAs (real and other property owned or acquired).


                    [DatePublished] => 2006-01-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 309144
                    [Title] => SPAV law spurs sale of P97B in non-performing assets by banks
                    [Summary] => Commercial banks have sold a combined P97 billion in non-performing assets to local and foreign institutions through the use of special purpose vehicles (SPVs), bringing down the industry’s NPL ratio to 9.1 percent, its lowest level since May 1998.


Jojo Salas, Director of Investment Properties & Capital Markets of CB Richard Ellis Philippines Inc., said the latest NPL ratio is 50 percent lower than its historical high of over 18 percent in 2002. 


                    [DatePublished] => 2005-11-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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RICHARD ELLIS PHILIPPINES INC

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                    [ArticleID] => 336184
                    [Title] => Office space dwindles in financial district
                    [Summary] => With the continued expansion of call centers and business process outsourcing (BPO) firms, available office space in the country’s premier financial district slipped to an average of 4.30 percent in the first quarter this year from 4.94 percent in the fourth quarter, according to real estate service firm CB Richard Ellis Philippines Inc. 


CBRE Phils. noted that some prime/grade A buildings reported no vacancies or no available large or contiguous floor space.


                    [DatePublished] => 2006-05-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                )

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                    [ArticleID] => 319352
                    [Title] => SPV law extension to pave way for disposal of P200-B bad assets
                    [Summary] => About P200 billion worth of non-performing assets (NPAs) is expected to be disposed off once the Special Purpose Asset Vehicle (SPV) law is extended, a real estate investment consultant said.


Jojo Salas, director of investment properties and capital markets of CB Richard Ellis Philippines Inc., said of this amount, 60 to 70 percent will comprise of non-performing loans (NPLs) while the balance will come from ROPOAs (real and other property owned or acquired).


                    [DatePublished] => 2006-01-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                )

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                    [ArticleID] => 309144
                    [Title] => SPAV law spurs sale of P97B in non-performing assets by banks
                    [Summary] => Commercial banks have sold a combined P97 billion in non-performing assets to local and foreign institutions through the use of special purpose vehicles (SPVs), bringing down the industry’s NPL ratio to 9.1 percent, its lowest level since May 1998.


Jojo Salas, Director of Investment Properties & Capital Markets of CB Richard Ellis Philippines Inc., said the latest NPL ratio is 50 percent lower than its historical high of over 18 percent in 2002. 


                    [DatePublished] => 2005-11-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Office space dwindles in financial district

By Zinnia B. Dela Peña | May 12, 2006 - 12:00am

With the continued expansion of call centers and business process outsourcing (BPO) firms, available office space in the country’s premier financial district slipped to an average of 4.30 percent in the first...

Business

SPV law extension to pave way for disposal of P200-B bad assets

By Zinnia B. Dela Peña | January 31, 2006 - 12:00am

About P200 billion worth of non-performing assets (NPAs) is expected to be disposed off once the Special Purpose Asset Vehicle (SPV) law is extended, a real estate investment consultant said. Jojo Salas, director...

Business

SPAV law spurs sale of P97B in non-performing assets by banks

By Zinnia B. Dela Peña | November 28, 2005 - 12:00am

Commercial banks have sold a combined P97 billion in non-performing assets to local and foreign institutions through the use of special purpose vehicles (SPVs), bringing down the industry’s NPL ratio to 9.1...

Business