Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Category A Market Trends
In the above charts, we compare the current month with the previous December
Submarkets
Office Real Estate Division: 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Stock and Vacancy Stock propios) Stock- Vacancia - VacancyA+ A+(m² (own sqm)
Composition of Vacancy Vacancy A+ Distribution
Office Real Estate Division: 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Vacancy Evolution |Anual
Vacancy Evolution | Monthly
Office Real Estate Division: 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Stock A+ y A+ Green
Office Real Estate Division: 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Stock A + planning stage ( Buildings under construction*) Distribution of Stock in planning stage A + (Capital Federal)
Distribution of Stock in planning stage A + (Zona Norte)
Sup. Total: 150.695 m²
Sup. Total: 11,300 m²
Stock A + planning stage (Buildings in the planning stage) Distribution of Stock in planning stage A + (Capital Federal)
Distribution of Stock in planning stage A + (Zona Norte)
Sup. Total: 119.140 m²
Sup. total: 75,669 m²
Graphic Analysis In the first two graphics, we analyze the composition of the stock in planning stage, which is under construction at the moment. In the second two graphics, we see those buildings which already have a plan. Although in some cases they do have a starting date of construction, this is dated after the closing of this edition.
Office Real Estate Division: 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Absorption A+ Buenos Aires City
Absorption A+ 2014
Graphic Analysis During 2014, we observed a negative net absorption, both for Capital Federal and Zona Norte. This means that the new available meters incorporated during the analyzed period is bigger than the absorbed by the market. Note: new available meters in Capital Federal: Belgrano Office with 30.000 m². New available meters in Zona Norte: Nodus with 13.976 m², Solís 1330 with 5.230 m², Bureau Park with 10.500 m²
Office Real Estate Division : 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Profitability A+
11
Profitability Evolution A+ Capital Federal (before taxes)
Profitability Evolution A+ Northern Area (before taxes)
Analysis of graphics In both graphs we observe a sharp drop in profitability in 2013 compared with previous years. This is because there is a gap between the official dollar rate (rental amounts are expressed in this currency) and the dollar notes, in which properties are appraised for sale
Office Real Estate Division : 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
11 Maintenance average value in A+ buildings of Capital Federal and Zona Norte (per m²)
53,3
49
6,05
5,55
Muestra Capital Federal: Juana Manso 909/1069, Bouchard 547, L.N.Alem 518,Cecilia Grierson 355, L.N. Alem 855, Ing. Butty 240, San Martin 344, Maipu 1255, Arias 3751.
Muestra Zona Norte: Av. Del Libertador 77, EcheverrĂa 4150, Cazadores de Coquimbo 2865, Av. Del Libertador 174, Edison 2659, Italia 415.
Nota: * Valores Julio 2014
Maintenance value evolution (averages in U$S)
Office Real Estate Division : 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Lease value at foreign countries, per city (U$S/m²)
Costo instalación oficinas Argentina
Fuente: Índice CONTRACT workplaces Office Real Estate Division: 4114-1000 | Zona Norte: 4719-9000
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Our team
Mariana Stange | Directora
Pablo Papad贸pulos| Broker Senior
Eduardo Gibelli|Broker - S. Lomas
M.Silvina Lascano|Broker Of. Central
Gabriela Avalle|Broker S. Lomas
Guillermo Gallino|Broker Of. Central
Eleonora Lefevre|Broker Senior
Francisco Spini|Broker Of.Central
Felipe Ramos|Broker Of. Central
Mariano Costa | Broker Of Central
Joaqu铆n Vidiri|Broker Of. Central
Gisela Arditi l Asistente
Newsletters Ver + en www.ljramos.com.ar
NOVIEMBRE 2012
DICIEMBRE 2012
MAYO 2013
AGOSTO 2013
Office Real Estate Division: 4114-1000 | Zona Norte: 4719-9000
SEPTIEMBRE 2013
MAYO 2014
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Office Real Estate Market of Buenos Aires City (CABA) and Northern Area (NA) Monthly Technical Report - April 2015
Directorio Luis José Ramos, Chairman Diego J. Cazes, General Director Office Real Estate Division Mariana Stange
Industries Division Ricardo Costa Chiappe Pablo Vivot Business Premises Division Miguel Grehan Juan José Ramos Residential Division Sucursal Recoleta, Dina Crusizio Sucursal Lomas de San Isidro, Harry Marples Sucursal Nordelta , Soledad Ramos Fields Division Juan José Madero (Jr.) Hoteles Division Noel Verger Appraisals Division Eduardo Pereira Marketing Pablo Benegas Systems Facundo Hidalgo
Office Real Estate Division | Downtown: 4114-1000 | Northern Capital Federal: 4114-1000 | ZonaArea: Norte:4719-9000 4719-9000
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