The confinement has promoted the reuse or conversion of the available square meters in city buildings, and thus new spaces are achieved to offer to companies or individuals, which would be a profitable business.

A plus that would benefit the environment if one takes into account that although cities occupy 2% of urban space in the world, they contribute 75% of energy consumption and 80% of the emission of Greenhouse Gases (GHG). ), according to the Mexican Association of Intelligent and Sustainable Building (IMEI).

Thus, developers have an opportunity to ‘reinvent’ spaces with new amenities or technologies. An example is that up to 70% of Europeans do want to return to their offices, but with one day of Home Office, a Deloitte survey revealed.

Check here: What are the characteristics of the office spaces that are in demand during the pandemic?

In Mexico, representatives of Inmuebles Carso mentioned in the 'Real Estate Show', organized by ADI, that the need for socialization will be reflected in the occupation of inventories, so they considered that there will be a reconversion and rearrangement in the sector , which will be positive.

For Andrés Errejón, CEO of Wiggot, the areas of the country with the best real estate reconversions are Los Cabos, in Baja California Sur, Mérida, in Yucatán, and the Riviera Maya, in Quintana Roo, because they have grown a lot during these years of pandemic.

While decentralized housing in Mexico City (CDMX) is a great opportunity for the leasing and sale of real estate, from cost-benefit, increased quality of life and new work modalities.

In an interview with Real Estate Market & Lifestyle, the specialist said that the plan to convert empty or obsolete offices into apartments in the country's capital is an alternative to move vacant inventory.

Of interest: These are the office buildings that have begun construction during the pandemic

In Wiggot they have noticed that little by little the rental housing beats the sale game, although this segment is stable, growing and with great movement where prices register normal fluctuations and according to the industry.

Regarding the panorama of these properties in 2022, they consider that rental housing will continue to advance steadily, there will even be a possible decentralization of housing thanks to the new work schemes.

Wiggot has detected that cities such as Los Cabos, Mérida and Riviera Maya have had great growth due to hybrid or remote work modalities, in addition to Guadalajara, Monterrey and Querétaro, since housing in vacation spots will gain strength.

In Solili you can check offices available in Reforma, Polanco and Insurgentes

Original note