Insights from NATAM Report, No. 46 – Second half of 2020
During 2020 office rental transactions were made at a decline of between 5%-15% compared to the prices at the begining of the year. Additionally, office owners granted tenantes more generous benefits than in the past, including “grace” month and renovations and/ or adjustment budjets.
Industrial/ Logistics Market
The significant demand of storage ares in recent years was invigorated by the consistent trend in recent years of increasing e-commerce, which has been accelerated by COVID-19.
The prices of commercial reflecta return of approximately 6%-6.5% in central urban locations and in neighborhood centers, and a return of approximately 7% in secondary urban locations.
Natam Report No.46 | Second half of 2020
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