In the premium logistics centers, the vacancy rate was 7.9% “showing a healthy behavior of said market.” “Although this semester there was an increase in the vacancy in the premium logistics centers, the net absorption continues with its positive trend. As for the inventory, new meters have been added to the stock, which reflects the interest in this market segment”, Bartra added.
According to the supply analysis, the inventory of logistics centers closed the year with a total of 2,094,958 m², with an increase of 1.5% compared to the last semester, and 77% corresponds to category A, while only 23% to B.
For his part, the general manager of Colliers Argentina, Alejandro Badino, said that “in Regarding values by category, class A properties were located at 6.2 USD/m² and class B properties at 4 USD/m². In accordance with what was analyzed in the previous stage, the gap between both categories remains stable”.
In another report, Colliers analyzed the demand for retail space in the second half of 2021 in the main commercial corridors, noting that “the trend of freeing up space continues, although it has slowed down”.
The vacancy rate had an increase of 0.6 percentage points in relation to the first semester, standing at 4.6%, while the corridors with the highest vacancy rate in the second semester of 2021 were: Florida (14.6%), Alicia Moreau de Justo (11.3%) and Santa Fe (7.5%).
“The items of Clothing and Accessories (51%) and Gastronomy (12.7%) continue with the tendency to occupy the largest portion of the market, adding 63.7% of the current inventory. The turnover rate was 4.8%, which represents a slowdown in the propensity to free up space observed during the first half of 2021,” said Marcelo Zuliani, commercial director of Colliers Argentina.
Regarding price dynamics, the average published price for rental of premises stood at 21.5 USD/m², which represents a rise of 2.4% compared to the previous period (21 USD/m²), stopping this way the downward trend.
“A significant fact was the increase in the meters offered in pesos, which represented 85% of the total availability, while those offered in dollars were only 15%, contrary to what was exposed by the market in previous years,” Zuliani added. .
“A general level, In the second half of the year, there was a rise in the rental values of the main corridors in the market, a decrease in the turnover rate and a slight increase in the vacancy rate, which indicates that the trend of freeing up spaces continues slowed down“, he concluded.
Source From: Ambito
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