Annual Production of Offices According to Type of Marketing
The corporate real estate market of Metropolitan Lima has been showing maturity in terms of better organization and solidity due to the greater presence of real estate landlords, investment funds and insurers, both national (Urbanova, Centenario, Alpina, Interseguro, among others) and foreign investment. (Grupo Patio, Arte Express, Banchile, among others) due to the macroeconomic solidity of the country and the potential of the real estate market, making investment in long-term assets attractive.
However, During 2023, 01 office project delivered for rent, CE Santa Luisa, and 02 projects delivered for sale, POD Office and Roosevelt 6000 were identified. Both projects from Marcan Inmobiliaria, maintaining the share of the office inventory for rent in 67%, which represents more than 1.7MM m2 of offices, while the difference is for sale. Likewise, it is expected that in future projects for 2024-2025 this prevalence of rental will continue. It should be noted that of the 4 projects under construction, 03 future buildings oriented to office rental are expected, which represent more than 29 thousand m2. Finally, due to these new deliveries, It is expected that, at the end of 2024, the total LM inventory will increase by 1.1% compared to the closing of this Study.
