JLL: Vacancy rate in Montevideo office market of 7.4% at end 2014.


  According to Jones Lang LaSalle IP’s ‘Office Market Overview’ for Latin America, the vacancy rate in Montevideo’s office market was 7.4% at the end of 2014. No new space became available in 2014: none is expected for 2014. Class A office rents were USD29-35 per square metre per month at the end of 2014. Class AB/B+ office space rents were USD21-27 per square metre per month.

Source : 31 Mar 2015/JLL/Montevideo/OFF