The real estate sector has been affected since the pandemic began and the corporate market was no exception, since as of 2020 its demand figures fell, while vacancy figures increased,

Despite the fact that at the end of 2021 and the first quarter of 2022 this segment continued with some fluctuations, its recovery process began. According to figures from the Solili real estate consultancy, in the second quarter of 2022 office leasing, both in the country's capital and nationwide, registered growth.

The country's capital is one of the three most relevant corporate markets in the country (in addition to Monterrey y Guadalajara) due to the amount of existing inventory.

Check here: Inventory of offices in the country grew just over 2% in the last year

However, this element has played against it during the pandemic, because the vacancy figures have been alarming, registering up to a quarter of the existing empty spaces.

In the second quarter of 2022, CDMX began to see the light at the end of the tunnel. Consulting figures show that there was a net demand of 62,000 square meters, after the indicator was negative in January, February and March, due to the vacancy of 25,000 square meters.

However, the market still has a long way to go to return to the levels recorded before the pandemic. In 2Q19, the registered net demand was 76,000 square meters. That is, it is 82% of this goal, according to Solili.

The recovery is attributed mainly to occupations of entire buildings by government institutions, technology companies and financial services.

Of interest: Resilience of the Fibras allows them to recover ground

On the other hand, corporate markets such as Monterrey and Guadalajara closed the quarter with 26,000 and 16,000 square meters of gross absorption.

The rise in unit rental prices occurs in states such as Tijuana and León, where they registered 4.5 and 0.6 dollars per square meter per month, respectively.

Another of the indicators that is moving on a positive path is the availability rate, where decreases were registered in all the markets of the country, however, Tijuana is the market with the lowest office availability rate at the national level, closing the second quarter of 2022 at 8.3%.

In Solili you can consult industrial warehouses available in Mexico City and Querétaro

Original note