staging
Less construction and new participants in CDMX office market
Real Estate Market | April 04, 2020 |

The office market in Mexico City reaches the period of economic crisis due to the Covid-19 with a series of factors that are impacting its performance, such as the oversupply observed in some sub-markets, the lack of construction permits that It has been applied since last year and the sharp economic slowdown that has been aggravated by the pandemic.

According to the January-March quarterly report from the Solili.mx platform on the corporate market in Mexico City, “the activity of building offices in the capital maintained the pace it had been bringing since the last quarter of 2019, although it reflected a significant contraction of more than 30% compared to the same quarter of the previous year ”.

Complete Article (Spanish Version)

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