Santiago Office Report, Q4 2023

February 15, 2024

The corporate office market in Santiago closed 2023 with positive figures in its main indicators, thereby consolidating a year of recovery for the segment.

The total net absorption recorded positive levels for the fifth consecutive quarter. As for overall vacancy, it maintained its downward trend.

In 2024, the office market is expected to maintain the trend observed in its main indicators over the last twelve months and continue to advance within the “stabilizing market" stage of the cycle.


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