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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Investment activity in the commercial real estate sector in Spain has started the year with the same force with which closed 2014. In just one month, the investment volume has risen to nearly 1,100 million euros, roughly the total achieved in the first quarter of last year, according to Savills, international real estate consultancy.This has been the best start of the market in the last five years in terms of transacted volume, although the number of transactions posted up yesterday-nine level is the inconspicuous when compared to other exercises."January and February are dragging operations that could not be closed before the holiday, however, the pipeline of investment operations in retail and offices today exceeds 2,000 million euros. We expect investment volumes similar or even higher than those 2014, "says Luis Espadas, director of Savills Capital Markets in Spain.Two transactions account for almost 80% of the investment. It's Gran Vía 32, acquired by Pontegadea for about 400 million euros, according to market sources, and Puerto Venecia mall, 451 million, the deal was announced at the end of the year, but was finally signed in January."Both operations not only support the trend of rising mega deals (those exceeding 100 million euros), which rose from 2.5% of total transactions in 2011 to 9% last year, but far outweigh the volumes of the largest operations in 2014.In addition, Savills notes that in each case is a unique building, facing two separate portfolios in 2014 (the 70 buildings of the Andalusian reached 300 million euros and Carrefour portfolio of 350 million euros).Office Market SuccessAmong other transactions, again excels interest in the office segment Madrid, who in 2014 broke record reaching the highest number of transactions throughout their historic range, with 71 transactions recorded and has started 2015 off right. Five buildings in two weeks, almost all within the M-30.
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Totaled 2,520 million euros, representing 40% of volume in non-residential.
The average price of office rents are stabilizing after years of adjustment.
One of the latest applications instagram is becoming the best way to teach homes without wasting time. "Hyperlapse" allows you to display any video on an accelerated basis. Initially, users had used to show landscapes, mass events, sightseeing.But it has now been discovered that it is an excellent tool to display within a few seconds and sympathetically inside a home, an office or a store.The White House clung to his instagram account a 'hyperlapse "where the interior of the mansion of President of the United States in seconds is. The camera moves through the halls and classrooms, historical paintings, lamps, flags, offices appear.If the White House uses it for that, why not use it to sell or rent housing showing the inside of it within seconds?The "hyperlapse" for now is an application that can only be downloaded for iphone (currently only available for ios) and the instructions are in Spanish and Catalan. The difference with the usual "hypelapse" is that those cases had to hold the camera and film.Instead, "hyperlapse" allows you to move the camera and create a surprising dynamic effect. and one of the things that stands out is that it has an automatic stabilizer corrects jumps and sudden movements. It is as if the camera was handled by a professional in the world of cinema.The application also recorded seven speeds so that it can display housing in the function of normal movement (1x) to a hiperrápida camera (12x)."Hyperlapse" also is being used to display clothes shops or offices. The Cosmopolitan magazine used to display its offices in New York.The applications are endless: be it buildings, neighborhoods, streets and interiors of a hotel. And why not a big city like Chicago? all at breakneck speed. (Source Idealista.com)
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