Demand for offices will be boosted with mixed uses in 2022
Centro Urbano | December 29, 2021 |

The real estate portal Solili highlighted that the national office market will continue to recover during 2022. In addition, it will be the mixed-use projects that will drive the demand for corporate space.

“The offices in coexistence with commercial and residential uses will be those that will maintain a demand that tends to a progressive recovery; although still far from the momentum brought by the sector prior to the pandemic, "he said.

Likewise, the platform indicated that, despite the uncertainty that is still present in the real estate market, during the last two quarters, the demand for offices has slowly reactivated; meanwhile, unemployment has already been more decelerated.

See also: Resilient and growing the real estate market in Latin America

Net absorption at the national level is still in negative territory; However, Solili stressed that this indicator has been improving, since unemployment rates are lower than at the beginning of the pandemic.

In addition, the spaces are in the process of reconfiguration, since now it is necessary to allocate more space per square meter per person; in order to keep the suggested distances. Likewise, they should have fewer areas for exclusive use and more areas for multiple uses.

"These movements have meant that the downward adjustment in demand has not been as pronounced as what had been anticipated at the beginning of 2020. And little by little the demand is in a slow recovery," he mentioned.

Of interest: Strong activity is forecast for industrial fibers in 2022

According to Solili, last June, Mexico City exceeded 22% vacancy. And, since then, it has remained close to that level, closing the month of November with 22.46 percent.

On the other hand, in Monterrey y Guadalajara the net demand for offices has also been negative, although with lower decreases than in the capital. In addition to the above, construction has advanced in these entities, although with few new project starts.

Meanwhile, corporate markets such as Tijuana have managed to stay within one of the lowest office vacancies nationwide along with León and Mérida; that register 10.84%, 8% and 11.9%, respectively.

In Solili you can also consult industrial warehouses available in Monterrey, Tijuana and Guadalajara

Original note

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