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After one year from the beginning of the COVID 19 pandemic, its impact on the office market continues causing negative effects. The vacancy rate is at its highest point and the low demand level for office space continues.
JLL has launched its first survey on Global Logistics Real Estate to test sentiment in the market and gather fresh insights across a range of issues that could affect future occupier and investment decisions in this highly dynamic sector.
The Monterrey office market has been affected due to the COVID-19 health crisis. Until now, there is still uncertainty about the method of returning to the offices, whether it will be a face-to-face, home-office, or hybrid mode.
This global research provides unique insights into how investor and corporate real estate strategies are evolving to achieve better sustainability outcomes.
Mexico features robust market dynamics that make it an attractive destination for hospitality and real estate investment. Some of these factors include, but are not limited to, its strategic location and accessibility in the Americas, its robust macroeconomic profile, its favorable trade policies, its modern infrastructure, and its rich cultural heritage and natural wonders.
The office market in Mexico City was one of the many sectors that also suffered harsh impacts as a result of the COVID-19 pandemic. However, as the virus is controlled, derived from the vaccination program, there will be a more accurate picture of the office market's situation in the short term.
Rental prices have experienced a moderate downward trend, mainly due to the crisis and new projects entering the market.
Having led more than hundreds of projects during the last year, JLL has thorough information to understand the pass of the industry and the expectations for next years
Due to oversupply and low demand for office space, in addition to the current economic crisis and the COVID 19 impact, the office market is tenant favorable, and will so remain at least during the next two years.
Technology, sustainability and well-being has accelerated change for enterprises. Work, workforce and workplace, all key to any business strategy is enabled by real estate
Description of the office submarkets in Mexico City and a comparison between supply and demand for office spaces regarding previous years.
The results are in: over 2,000 office workers told us their thoughts about the workplace and how their priorities are different now than before the pandemic.
