The behavior of the commercial real estate market throughout 2021, as well as the bases of the trends for 2022, are observed by the real estate firm Newmark in the corporate and industrial sectors

The office market, this year demonstrates the fundamental role of these spaces in the workflow where working without distractions, receiving clients, interacting and generating value among co-workers, as well as the construction and development of the organizational culture were elements that They missed each other during the mandatory quarantines, said Giovanni Regional Director for Latin America at Newmark.

The situation opened a period of exploration on new ways of working and attracting talent regardless of geography, with technology playing a decisive role in achieving objectives and maintaining workflow, an element that was not accessible to all people and locations .

For those who have been, it represented a range of possibilities: from the decrease in occupied square meters, the subletting of conditioned spaces and, above all, the remodeling of spaces to favor new trends in teamwork.

“We do not believe that remote work becomes a single or majority solution. We learned that people need the collaborative space, and the best way to permeate and promote culture and good practices is by having people gathered in safe and hygienic places so that they can promote their growth and performance ”, reflected in the analysis Erick Brunet, director of Newmark Global Corporate Services (GCS) transactions for Latin America.

Check here: The reorientation that the real estate sector went through in 2021

On the other hand, there is no doubt that the industrial sector in the Latin American region has shown signs of strength, despite the challenging times brought by the pandemic.

There has been a boom in different areas, mainly in electronic commerce, which had an exponential increase in the generation and volume of business during 2020 and 2021.

This promoted increased investments to improve logistics and expand its distribution capabilities, improve and execute its last-mile delivery projects, thus reconfiguring the supply chain.

Consequently, a dynamic and attractive 2022 is looming for global investors, said Giovanni D´Agostino.

Thanks to e-commerce and nearshoring, the path and transition of the industrial real estate segment were imposed, driving the construction of more warehouses, including Build to Suit (BTS), and preparing to meet the demand.

Markets such as Santiago, Lima, Bogotá, São Paulo, Buenos Aires, Monterrey and Mexico City agree that 2022 will mark a gradual recovery of the office sector, based on the success of vaccination programs throughout the region and widespread knowledge of health care measures, demand would increase steadily, especially for Class A buildings that contribute to the quality of life of employees.

Of interest: Logistics and the main changes that come for 2022

On the other hand, for the industrial and logistics sector, it is expected that there will be sustained demand and a great opportunity to continue developing state-of-the-art logistics parks.

Given that demand exceeds supply in the market several times, greater dynamism is expected in logistics BTS projects, which allows promising expectations thanks to the consolidation of electronic commerce and, consequently, the growth in the number of consumers in the region.

In conclusion, while the year that is ending was a transition for most of the countries that went from mandatory quarantines to the opening of activities, this 2022 will become a period marked by the return to daily life with the application of everything learned .

In this positive context, both office and industrial real estate play a fundamental role in providing people with the necessary spaces to develop and meet their day-to-day needs.

In Solili you can consult industrial warehouses available in Querétaro, Guanajuato and Guadalajara

Original note