At the end of the first quarter of 2021, the economic projections of the Bank of Mexico indicate an inflation of 3.76%, with an interest rate of 4% within the framework of an estimated GDP growth that would be between 4.8% and 6.7% for this year. These figures are based on the gradual implementation of the national vaccination campaign and the promotion of industrial recovery in the United States, even with the timid provision of tax incentives that the government has managed towards companies.

Under this economic scenario, we analyze corporate investment in this type of real estate product, which is still attractive to investment funds worldwide since the companies that lease these spaces are aware of the detriment in productivity and value the projection of the brand and transmission of corporate culture that corporations offer. On the other hand, the pandemic has also made it clear that not all personnel need to stay in the corporate office and that non-core tasks take advantage of the home office, so the future outlook will combine both modalities supported by technological innovation that will define new and better ways of working.

During 2020, the corporate market in Mexico was characterized by a marked oversupply accentuated throughout the first quarter of 2021, highlighting the greatest impact in Mexico City, Monterrey, Querétaro and Puebla.