Share:

Lima Office MarketBeat Q2 2019

Our quarterly study shows that in the second quarter of the year the class A office market continued a trend of progressive adjustment of vacancy indicators and rents.

Compared to the previous quarter the inventory of class A offices was stable, with no new supplies, which shows a moderate and conservative growth in inventory.

The vacancy rate closed at 17.1% with a reduction in available area to 5.6% compared to the previous quarter. The bid price of rents fell to USD 16.7 m2/month. Although this indicated a reduction in this indicator, it shows the effort the market is making to reach equilibrium in the face of changes in inventory and availability.


Lima Marketbeat Lima Marketbeat

Featured Insights

Peru Skyline
MarketBeat

Peru MarketBeats

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Jadson Andrade • 10/16/2020
Inversiones Inmobiliarias en Lima
Article • Economy

The Vision of Leaders: Property Investments in Lima and the Keys to the Business

The property investment market in Peru is enjoying unprecedented opportunities. What are the keys to this booming business?
Baricentro
Article • Investment

Baricentro

Over the last two decades the office market in Lima has experienced unprecedented growth which changed and continues to change the look of the city.

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.