Research

Montevideo office market overview - H1 2024

The market’s average vacancy rate stood at 8.2% as of the end of H1 2024

October 28, 2024

Contributors:

Guido Mosin

The general asking price registered a significant increase, averaging USD 28.9 per sqm per month. Montevideo presents five clearly differentiated submarkets: Punta Carretas – Pocitos Nuevo, Centro, Zonamerica, Centro Norte y Carrasco.

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