Room to expand a key feature for foreign tenants – property consultant

landlords should offer foreign tenants scalability as it is a key feature companies and other organizations seek in choosing an - tate analyst told The Manila Times.

In an email, Pronove Tai International Property Consultants

Monique Cornelio- Pronove allow maximum occupancy of an available spaces for lease, are factors foreign locators look for in an

“An occupancy rate of 85 to market is considered a healthy rate because it allows occupiers to expand within the building,” Provone said.

Provone Tai recently announced that the Embassy of Hungary is set in the Philippines by the end of the year, which will be located

“After a long period of search, City in Taguig over a list of other options due its location, accessibility and suitability of size coupled with the unobstructed views of the McKinley West,” the real estate

Embassies face a challenge in - cording to Pronove, the availability of the right-sized space in the right building and the right district at the right time they need it.

- Embassy of Hungary has chosen offers accessibility, located at 21st from the congestion of the city center, but within close proximity to high end residential devel and McKinley West.

“This building was our top pick due to its quiet and secure location as well as the suitability of the size to our requirements. We are very Ambassador-designate of Hungary said in a statement.

Apart from the Embassy of Hungary, the embassies of Norway and Sweden have also located in the

Pronove noted the establishment of new embassies shows that the Philippines is forging more diplomatic relationships with other countries.

“The embassies contribute to in the country,” the CEO said.

Pronove Tai International Property Consultants is the sole Law Centre.