Research

Buenos Aires Office Report
Q1 2021

During the first quarter of 2021, the corporate office market of Buenos Aires totaled 2,020,000 square meters. The vacancy rate continued the uptrend that has been in place since early 2020, registering 14.9% (14.4% in the last quarter of the previous year). This value, which is the highest since 2002, illustrates the complex situation of the market, still impacted by the consequences of the protracted lockdown and its unprecedented effects.

 

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