Buenos Aires Office Market Report 2Q 2020

2Q20

These reports were made during the Covid-19 pandemic. On March 20th, 2020, mandatory quarantine was declared in Argentina, limiting the possibility of commuting to work for most companies. From this date onward, different stages of opening and restricting economic activities were implemented based on the evolution of the pandemic. Given the fact that the mandatory quarantine is still in effect, some conclusions cannot be drawn regarding the impact on market variables such as price, vacancy, absorption, etc., since there are negotiations between the main market players and no general market trends are notable yet.