The average asking rent for office real estate decreased across all major markets in Latin America between the first half of 2019 and the second half of 2022. Buenos Aires had the most expensive office space at 23.7 U.S. dollars per square meter per month. Mexico City followed closely with monthly rent of 22.44 U.S. dollars per square meter.
Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city
(in U.S. dollars per square meter)
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Newmark. (March 10, 2023). Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter) [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/
Newmark. "Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter)." Chart. March 10, 2023. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/
Newmark. (2023). Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter). Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/
Newmark. "Average Monthly Asking Rent for Office Real Estate in Latin America (Latam) in 2nd Half 2019 and 2nd Half 2022, by City (in U.S. Dollars per Square Meter)." Statista, Statista Inc., 10 Mar 2023, https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/
Newmark, Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter) Statista, https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/ (last visited December 31, 2024)
Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter) [Graph], Newmark, March 10, 2023. [Online]. Available: https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/
