Buenos Aires Office Market Report 4Q 2021

4Q21

The average rental value for Class A offices stabilized at $26.90/SF, with no significant changes compared to the last quarter. The vacancy rate continued to decline moderately since the second quarter of 2021, averaging 16.6%. In the fourth quarter of 2021, the market showed slight stabilization, registering a positive net absorption of 12,524.66 square feet and an annual accumulated value of negative 267,981.93 square feet.