Diversified professional services and investment management firm Colliers recently received certification from the Bangko Sentral ng Pilipinas (BSP) as one of the monetary policy-makers partners for real estate information.
According to the BSP, Colliers has been for more than 15 years one of its sources of insights and data on the real estate sector, which serve as inputs to several of its key reports. These reports provide information and analysis to support the review and formulation of monetary policy by the Monetary Board and review policy strategies used by the BSP to operationalize the stance of monetary policy.
Reflection of data-driven bent
As recognition to its contribution, Colliers has been recognized as one of the BSP’s most outstanding partners for information in 2018 and 2019.
“The recognition from Bangko Sentral ng Pilipinas is a clear reflection of our excellent data-driven approach in the real estate service industry,” said Richard Raymundo, Colliers managing director. “We are grateful for the recognition and we look forward to further partnering with government institutions for accurate and reliable real estate data.”
Colliers regularly releases reports on the Philippine property market. Covering the office, residential, retail, industrial, and hotel sectors, these reports are published quarterly and are some of the most cited research by the local media, equity firms, and property developers.
In addition to these quarterly reports, Colliers also releases research covering up-and-coming markets and the latest issues affecting the sector.