The collaborative work scheme (coworking) and the search for alternative markets to decentralize offices in the country's capital are components that could boost corporate real estate demand in the entity.

For both points, Querétaro turns out to be an attractive market, which results in an increase in demand, explained the director of Market Research of the Solili real estate platform, Pablo López.

“2022 will be key for the decision-making of companies, based on that we will see how the new leases will arrive. Something that generates positive projection is the issue of coworking, we believe that they will continue to grow, Querétaro is an attractive market for it”, he explained.

After the Covid-19 pandemic, the shared office scheme maintains a positive trend that will contribute to the recovery of this real estate segment.

Meanwhile, after the effects of the health contingency, corporations established in Mexico City have sought to move to locations that provide them with more surface area and space between collaborators.

See also: Office demand continued to grow at the end of 2021, positive outlook for 2022

In this sense, Querétaro is projected as one of the alternatives, due to its proximity to the country's capital, the availability of talent and infrastructure.

“Some companies continue to see alternative markets to Mexico City as an option, among which is Querétaro because of its proximity, because of the qualified workforce it has, infrastructure, these will be positive elements that will impact demand by 2022,” detailed.

Although it is estimated that the current year will be one of growth for the corporate segment, the estimates do not project that it will reach the pre-pandemic recovery period.

However, the impact of the Omicron variant is also added to this start of the year, around the fourth wave of infections; and that could postpone the return to the workplace.

“We anticipate that there will be higher volumes of office rentals; however, there are also important elements to consider, such as the Ómicron issue, we still consider that companies are making the decision to return to offices, they are in fact adjusting the new policies for returning to offices and until they are 100% taken Of these, we could be talking about seeing a clearer picture, "he said.

Of interest: Work from anywhere, a modality that is advancing in Mexico and Latin America

The trend in the office market is to continue with hybrid work, interspersing remote work and assistance to companies. The real estate expert said that it is estimated that about 50% of companies continue to work from home.

"Around 50% of companies continue to work from home, 50% of offices intermittently, there is a tendency to maintain hybrid work, but this is not negative for an office demand issue because we see a readjustment in spaces," he explained. .

Before the pandemic, an average space of 10 square meters per worker was required, it was expanded with the presence of Covid-19, to between 15 and 20 square meters.

In this context, Querétaro is seen as one of the emerging corporate markets that has had a stable behavior, characterized by a downward trend in oversupply and constant demand.

Firm studies show that in the fourth quarter of 2021, Querétaro had an inventory of 450 thousand square meters; at an average price of 13.91 dollars per square meter per month.

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Original note