04/12/2023
According to the most recent data compiled by SiiLA, the average vacancy rate for Class A and B industrial properties in Brazil is 9.8%. Conversely, during the year's second quarter, the vacancy rate was 9.3%, and in the first quarter, it was 9.8%. In the case of Mexico, the most recent vacancy rate for these assets is 1.9%, while in the second and first quarters, it was approximately 1.9% and 2%, respectively.
The industrial sector in Latin America is experiencing significant growth. Photo: BigStock.
Key Insights for Investment. Comparison of Industrial Real Estate Markets in Latin America: Brazil, Colombia, and Mexico
siila.com.mx
https://siila.com.mx/news/key-insights-investment-comparison-industrial-real-estate-markets-latin-america-brazil-colombia-mexico/6730/lang/en
Despite some Latin American countries' cultural and geographical proximity, their industrial real estate markets display distinct scenarios. Brazil, Colombia, and Mexico, countries monitored by SiiLA, exhibit unique characteristics and...
