Costa Rica: Oversupply of Local Offices
From March 2008 to March 2009, office buildings in the greater metropolitan area went from 7% unoccupied space to 11%.
Tuesday, May 5, 2009
Several buildings, whose construction began before the crisis, were completed in 2008 and had to face the difficulty of renting their offices.
Costa Rica lacks housing for the middle-income sector.
Complete gray works and at least 48 thousand square meters in the plant located in Down Town are part of the features that the office buildings to be offered to the Ministry of Finance must have.
Commercial real estate is in short supply in Guatemala, under pressure from a sharp rise in demand in recent years.
The properties to be auctioned in November are located in the provinces of Panama and Colon.
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