South American Real Estate News
/ Category / Santiago offices

Cushman Wakefield Office Report for South American Major Markets

The COVID-19 health crisis continues to impact the economy across the globe, resulting in a volatile economic outlook, which isreflected in the GDP variations across the region. Due to the different government restrictions, vaccination process and relaxation incontrol measurements, a slower economic recovery is seen, there is visible GDP growth, except for Brazil and Chile. Regarding the unemployment rate, there’s a slight overall downfall that shows the first signs of labour recovery across the South Americanregion.…

Is commercial real estate is stuck in a slow-motion train wreck?

Although this post focuses on the troubles in the US this is a worldwide issue and South America will have the same if not more severe adjustments in value. However, as people always need somewhere to live the residential sector will not suffer in the same way. Commercial real estate, large hotels, older shopping malls in low growth regions and low-grade office buildings are all facing down massive post-pandemic problems. Remote-work and e-commerce trends are coming, and it seems commercial real estate is like…

Buenos Aires is the regional leader in new office projects

Between 2019 and 2023 there will be more than 800,000 square meters premium space built, which is a figure similar to what was built in Lima in the past five years, according to Cushman & Wakefield. At a regional level, Buenos Aires is the city that has more square meters of offices available projected to be built over the next five years, indicated a study by Cushman & Wakefield. To put that in perspective, the size of the office market between each of the cities, the ratio of square meters of offices…
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on PinterestCheck our RSS Feed