Thursday, 10th November 2011
12 pm – 2pm
Dusit Thani Hotel, Boardroom 2, 2/F
Ayala Centre, Makati City, Metro Manila, Philippines
Luncheon meeting featuring a special presentation on
?The Woes Of The World Economy: Impact on Philippine Real Estate
from Eric Manuel, Senior Manager – Capital Markets of Jones Lang LaSalle LeeChiu
Followed by a discussion on APREA/ULI Collaboration Survey of Foreign Investor Appetite in the Philippines.
To register for the luncheon meeting:
Please complete the registration and payment form which can be found here and return to
Melany by email at donato.melany@ayaland.com.ph
A registration fee of 1,000P for APREA members and 2,000P for non-members will apply
The underlying economic fundamentals of the Philippines have provided the cushion for weathering the 2008/09 recession better than most of its regional peers due to minimal exposure to troubled international securities, lower dependence on exports, relatively resilient domestic consumption, large remittances from approximately 5 million overseas Filipino workers, and a continually growing business process outsourcing industry. The growth continued in 2010 with GDP growing at 7.6%. But the recent “woes of the world economies”, from developed to developing countries, are affecting our growth forecasts for 2011 and beyond. An important part of the economy, all Philippine real estate asset classes will remain resilient, but not immune to these macro-economic forces at play. This discussion will provide the analytical lens to view the current situation, as well as forecasting the growth of our real estate industry.
