Research

Buenos Aires office market overview - Q4 2024

During the analyzed period, a total of 38,013 m² were incorporated in the North CABA submarket, bringing the inventory to 2,165,412 m². Thus, in 2024, five new buildings were added, four of them in North CABA, which caused the stock to grow by 2.7%.

January 13, 2025
  • At the end of Q4 2024, the corporate-grade office market of Buenos Aires recorded a negative net absorption of -7,106 sqm.

  • The market’s average vacancy rate increased considerably, and closed the year at 17.3%.

  • The general average asking price remained stable, at USD 22.8 per sqm per month.

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