Research

Bogota Office Report, H2 2023

The production of new office spaces in Bogota reached its 13-year nadir.

March 14, 2024

The limited expansion of inventory can be attributed to myriad factors. The uncertainty surrounding the demand for office space in light of hybrid and remote work discouraged the initiation of new projects.

Additionally, the combination of high interest rates and inflation has further hindered the profitability of such projects.

 

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