Buenos Aires Industrial Market Report (4Q 2025)
Economic Indicators
- Inflation: Confirmed disinflationary trend with monthly inflation at 2.5% and a year-over-year rate of 31.4%.
- Trade Balance: Recorded a cumulative surplus of USD 9.357 billion (Jan–Nov 2025). November alone saw a surplus of USD 2.498 billion, a 121.1% YoY increase.
- Trade Volume: Exports reached USD 79.592 billion (+9.5% YoY), while imports totaled USD 70.235 billion(+26.8% YoY).
Market Activity & Transactions
- Absorption: Quarterly gross absorption totaled 185,000 SF, characterized by fragmented occupancies rather than large single-tenant deals.
- Regional Performance: Demand was concentrated in Zona Norte (led by Pilar and Escobar–Campana–Zárate) and Zona Oeste, while Zona Sur maintained moderate activity.
Market Outlook
- Asset Quality: Strong preference remains for AAA warehouses along consolidated corridors, which represent a significant share of space under construction.
- Availability: If current absorption trends continue, available space in high-demand logistics corridors is expected to tighten rapidly.