One of the real estate trends that the COVID-19 pandemic brought with it was the preference for developing adequate housing to make a home office, beyond seeking to create more office spaces, said Gregorio Sánchez, corporate business director of the Mexican Real Estate Bank (BIM ).

In an interview with La Razón, he explained that housing developers have to be attentive to the changes that customers are going to demand, because it is clear that the home office is here to stay and currently there are still office spaces that are empty precisely because of the facilities of working at home.

A study by the KPMG consultancy revealed that six out of 10 companies plan to continue with the home office due to the operational and human capital advantages that it caused. In this sense, the Solili firm warned that in the first quarter of the year there were 2.3 million square meters of empty offices, an increase of 1.6 percent.

“It must be taken into account that some corporations will continue with the home office, so they will look for housing with other types of amenities, especially that they may have connections to develop their work. We will have to be attentive to these changes that are already happening in Mexico, because foreigners can even come to rent a house here to work, ”the expert predicted.

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Another niche that the Bank detected for housing development was the reactivation of the tourism sector, which dropped the placement by 40 percent only in Quintana Roo last year. He acknowledged that the reactivation of the market will be uneven in the different regions of the country.

The real estate opportunities that derived from the pandemic caused BIM not to register decreases in the placement of loans, since in the first five months of the year it reported a growth of 30 percent compared to last year.

This was also driven, said Gregorio Sánchez, that his account holders, mainly business, were not delayed in paying off their loans despite COVID-19. In this regard, he said that 400 loans entered the payment deferral program granted by commercial banks last year in support of clients.

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