Bogotá had the highest average monthly rent for retail real estate among the major cities in Colombia in 2023. In the second quarter of the year, the average monthly rent was approximately 113,000 Colombian pesos per square meter. Medellín followed closely, with an average monthly rent of over 99,000 Colombian pesos per square meter. Out of the four markets under observation, Bogotá was the only one where rents increased between the second quarter of 2022 and the second quarter of 2023.
Average rent of retail real estate in Colombia in 2nd quarter 2022 and 2nd quarter 2023, by city (in 1,000 Colombian pesos per square meter)
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Website (vision.davivienda.com). (October 17, 2023). Average rent of retail real estate in Colombia in 2nd quarter 2022 and 2nd quarter 2023, by city (in 1,000 Colombian pesos per square meter) [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1421019/colombia-retail-average-rent/
Website (vision.davivienda.com). "Average rent of retail real estate in Colombia in 2nd quarter 2022 and 2nd quarter 2023, by city (in 1,000 Colombian pesos per square meter) ." Chart. October 17, 2023. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1421019/colombia-retail-average-rent/
Website (vision.davivienda.com). (2023). Average rent of retail real estate in Colombia in 2nd quarter 2022 and 2nd quarter 2023, by city (in 1,000 Colombian pesos per square meter) . Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1421019/colombia-retail-average-rent/
Website (vision.davivienda.com). "Average Rent of Retail Real Estate in Colombia in 2nd Quarter 2022 and 2nd Quarter 2023, by City (in 1,000 Colombian Pesos per Square Meter) ." Statista, Statista Inc., 17 Oct 2023, https://www.statista.com/statistics/1421019/colombia-retail-average-rent/
Website (vision.davivienda.com), Average rent of retail real estate in Colombia in 2nd quarter 2022 and 2nd quarter 2023, by city (in 1,000 Colombian pesos per square meter) Statista, https://www.statista.com/statistics/1421019/colombia-retail-average-rent/ (last visited October 02, 2024)
Average rent of retail real estate in Colombia in 2nd quarter 2022 and 2nd quarter 2023, by city (in 1,000 Colombian pesos per square meter) [Graph], Website (vision.davivienda.com), October 17, 2023. [Online]. Available: https://www.statista.com/statistics/1421019/colombia-retail-average-rent/