Colombia. Colliers International presented its market reports for the second quarter of 2015, which highlight a historic availability rate in Bogotá, which makes prices tend downwards and an offer that doubled compared to the same period of the previous year, becoming the highest figure in history of the Colombian real estate market.
"The vacancy rate is expected to continue to increase in the remainder of the year, as vacant buildings continue to enter the market, increasing supply and resulting in a decrease in city prices," said Roberto Cáceres, general manager of Colliers International Colombia.
In this same order of ideas, the market reports of Colliers International
presented in the construction of offices an income of 20 corporate buildings
completed in the second quarter of 2015, this fact added to the meters of offices that have been delivered by oil companies and other industries so far this year, has made the offer of offices in the city of Bogotá continue to grow.
Bogotá currently has 2,265,600 square meters built profitably,
up 12% over the same period last year. "For 2018, a 35% growth in the inventory of offices in Bogotá is expected, distributed mostly in offices of higher specifications in the market," explained Cáceres.
