Due to lack of permits and oversupply the construction of offices in CDMX contracts
The construction of offices in Mexico City contracted 30 percent during the first quarter of 2020 compared to the same period of the previous year, due to the lack of permits to build in the capital and the increase in the supply of this market that it has not been absorbed.
In an interview with El Financiero, Pablo López, Solili's research director, explained this Wednesday that during this quarter there was very little construction of large projects due to the caution of many developers waiting for this situation to stabilize.
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