The vacancy rate or amount of m {+2} of offices available in Greater Santiago first exceeded 10%. In the last quarter of 2014 closed at 11.11%, equivalent to 236,464 m {+2} of the total inventory of the capital -Class A + / A standard- or high, according to a report by Colliers International.
In the October-December period entered this market 103,657 m {+2} of offices, 84.6% more than in the third quarter of last year, when the vacancy was 8.52%."These vacancy levels should continue upward trend when considering the projects currently under construction and especially if the market is unable to absorb optimally production in the coming periods," said the report by the consultant.The manager of Colliers Studies, Carolina Arrau said that "no records had vacancy rates above 10% and the increase is directly related to production."Arrau said that 2015 is expected to enter approximately 280,000 m {+2} of new offices, more than 253,000 m {+2} registered in 2014. He added that the vacancy is expected to grow until the end of 2015 the figure 14% by the entry of new projects, mainly by the effect of the offices of the Costanera Center. "In that sense, having more choice and surface available, I could see a downward trend in prices," he said.The Colliers report states that "within the projects expected to enter this year and, therefore, do increase the offer period is the Costanera Center Tower 2 totaling 75,571 m {+2} useful; which a placement of 45,000 m {+2} the second quarter of 2015 and the rest by the end of 2015 is expected ".
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