JLL: Grade A office vacancy rate in Mexico City of 11.0%, with supply pipeline of 16.2% at end of 2Q15
In its Global Market Perspective for Q315, Jones Lang Lasalle IP Inc. (JLL) noted that the vacancy rate for Grade A office space in Mexico City was 11.0%, and that there is a supply pipeline (completions in 2015-16 relative to existing stock) of 16.2%. Over the last year, rents have risen by 2.2% and capital values have fallen by 1.2%. Prime yields in 2Q15 were 7.5%.
Source : August 2015/JLL/Mexico City/OFF