The Covid-19 pandemic caused companies to adopt a hybrid way of working, through the combination of physical presence with work from home, and the incorporation of new technological processes.

However, there has always been a correlation between employment and the demand for office space, so real estate reports corresponding to the third quarter of 2020 (3Q2020) reflect a pronounced contraction in the demand for office space in almost all of the country's markets.

According to the Solili platform, Mexico City is the main corporate center of the country, which is why it was the most affected market, with a negative net demand of almost 182,000 square meters (m²). Which made the vacancy increase by 2.8%, the highest value in the last three years.

Complete article (Spanish)