MANILA, PHILIPPINES – The Philippines’ flexible workspace market is projected to grow in 2026 as global capability centers (GCCs) expand operations in Manila and emerging regions.
GCCs view these flexible workspaces as a sustainable corporate real estate strategy that helps them optimize costs and attract talent in their entry to the Philippine market. What’s more, it has a low-risk entry point that allows them to scale operations efficiently before committing to long-term officers, adds Mikko Barranda, the director for commercial leasing at Leechiu Property Consultants.
We expect continued growth in the flexible workspace sector, supported by both local and global trends.
Global economic uncertainty and cost optimization requirements will reinforce demand further to look for adaptable solutions.
— Barranda
How This Reflects on the IT-BPM Industry
The rise in flexible workspaces highlights how the outsourcing industry continues to adapt to evolving global conditions. For outsourcing providers and GCCs alike, the flexible workspace supports their rapid scaling, hybrid work models, and access to regional talent, all without the risks associated with traditional long-term leases.
Big names in the flexible workspace market, such as GreatWork Global Workspaces, are already responding to this demand by adding locations in Metro Manila, Cebu, Clark, and other regional hubs.
As of 2025, GreatWork reported that 60% of its tenants are foreign companies and 40% are Filipino government entities and private companies.
