Monday, 27 August 2007

Office Space in Santiago

Office space in Santiago is currently at its highest ever level of occupancy at around 99%. This is the highest rate in all Latin America. Other cities in the region suffer from far lower occupancy rates: Lima (93.4%), Buenos Aires (98.1%), Bogota(98.7%), Ciudad de Mexico (95.3%) and Sao Paulo (95.4%).

Investing in office space can be an excellent option in Santiago. An expanding economy, safe investment environment, respected financial institutions and lack of corruption make Chile an attractive base for many foreign multinationals and local companies. Rental returns of over 10% can be expected.




(source: Colliers International Chile)