Buenos Aires Industrial Market Report 3Q 2021

3Q21

The average rental value for class A logistics centers stabilized at $7.20 /SF with no significant changes compared to the last quarter. The vacancy rate continued to decrease (-1.7 percentage points), averaging 15% of the total rentable area. In the third quarter of 2021, a slight recovery of the market began to show, registering a positive net absorption of 3,603,527.7 square feet.