The average asking rent for office real estate decreased across all major markets in Latin America between the first half of 2019 and the second half of 2022. Buenos Aires had the most expensive office space at 23.7 U.S. dollars per square meter per month. Mexico City followed closely with monthly rent of 22.44 U.S. dollars per square meter.
Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city
(in U.S. dollars per square meter)
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Newmark. (March 10, 2023). Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter) [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/?__sso_cookie_checker=failed
Newmark. "Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter)." Chart. March 10, 2023. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/?__sso_cookie_checker=failed
Newmark. (2023). Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter). Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/?__sso_cookie_checker=failed
Newmark. "Average Monthly Asking Rent for Office Real Estate in Latin America (Latam) in 2nd Half 2019 and 2nd Half 2022, by City (in U.S. Dollars per Square Meter)." Statista, Statista Inc., 10 Mar 2023, https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/?__sso_cookie_checker=failed
Newmark, Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter) Statista, https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/?__sso_cookie_checker=failed (last visited January 24, 2025)
Average monthly asking rent for office real estate in Latin America (LATAM) in 2nd half 2019 and 2nd half 2022, by city (in U.S. dollars per square meter) [Graph], Newmark, March 10, 2023. [Online]. Available: https://www.statista.com/statistics/1350012/office-real-estate-rent-latin-america-cities/?__sso_cookie_checker=failed
