The vacancy rate of office real estate in Latin America increased across most of the leading markets between the second half of 2019 and second half of 2022, except for Bogota, Monterrey, and Rio de Janeiro. Rio de Janeiro had the highest vacancy rate of 33.7 percent in 2022, despite decreasing from 2019. In Buenos Aires, which was the best positioned market in 2019, the vacancy rate rose from 6.7 percent to 16.4 percent.
Vacancy rate of office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city
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H2 2019
H2 2022
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Newmark. (March 10, 2023). Vacancy rate of office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1350004/office-real-estate-vacancy-latin-america-cities/
Newmark. "Vacancy rate of office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city ." Chart. March 10, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1350004/office-real-estate-vacancy-latin-america-cities/
Newmark. (2023). Vacancy rate of office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city . Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1350004/office-real-estate-vacancy-latin-america-cities/
Newmark. "Vacancy Rate of Office Real Estate in Latin America (Latam) in 2nd Half 2019 and 2nd Half 2022, by City ." Statista, Statista Inc., 10 Mar 2023, https://www.statista.com/statistics/1350004/office-real-estate-vacancy-latin-america-cities/
Newmark, Vacancy rate of office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city Statista, https://www.statista.com/statistics/1350004/office-real-estate-vacancy-latin-america-cities/ (last visited August 25, 2024)
Vacancy rate of office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city [Graph], Newmark, March 10, 2023. [Online]. Available: https://www.statista.com/statistics/1350004/office-real-estate-vacancy-latin-america-cities/