2011 ASSESSMENT BPO demand high, top developers in construction ‘frenzy’ By: Tessa R. Salazar Philippine Daily Inquirer 9:52 pm | Friday, November 25th, 2011 Exactly 35 days before 2011 bids adieu, Inquirer Property has asked analysts to assess the performance of the Philippine real estate industry in 2011. Their unanimous reply: It has been a banner year for the business process outsourcing (BPO) sector. The mid-income condo development is in the midst of a “construction frenzy.” The demand for spaces in the Makati, Bonifacio Global City and Ortigas central business districts was even higher this year compared to last year. The emerging growth centers like Eastwood and Bonifacio Global City have “arrived” this year. Leading global real estate services company Colliers International, which claims its research team had been tracking all the residential condominium developments in Metro Manila since 2008, said that in 2010 preselling activities were able to s
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