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Cebu IT Park has seen a significant reduction in office vacancy rates, dropping to 14% in Q3 2025 from 28% in 2022, fueled by over 96,000 square meters of transactions. As a prominent business hub outside Metro Manila, it attracts global brands and boasts a thriving flexible workspace sector, accounting for 75% of Metro Cebu's inventory. Colliers predicts tighter availability in the coming years, emphasizing the need for developers to focus on green and disaster-resilient office spaces.