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MERCADO DE OFICINAS“Even there are not many energyenterprises, there are alreadysome requirements, which is a goodsign, and they are establishing inLas Lomas, overall”,Héctor KlerianThe spaces of Class A offices are the mostattractive for the big enterprises thatneed wide spaces with strategic locationaccording to the sectors where they perform.Until September 2014 it was registeredthat 28 buildings will be delivered for 2015 witha total of 534,932 square meters available andfor 2017 they will be 22 real estates with anoffer of 464,473 square meters.In Mexico City there is a total of 4,756,927square meters in stock of finished buildings,and Santa Fe leads the list with 26%, followedby Polanco with 16% and the same 12%between Lomas and Insurgentes. Concerningthe buildings in construction, Reforma countson 31%, Polanco and Insurgentes with 18 and17% respectively; the total stock is 1,204,773square meters.For Héctor Klerian, International Directorof Jones Lang LaSalle Mexico, the real estatemarket and the office one particularly have registereda lot of activity in the last three monthsbut there was a lazy period at the beginning of2014, however a recovery was observed.“Although it is not clear enough, there aresome companies that prefer some areas dueto the costs overall, Reforma is the traditionalFinance District, there we can find the big insurancecompanies that seek a new presence asNew York Life or Mapfre. The south has a concentrationof pharmaceutical enterprises and alot of government bureaus; Polanco and SantaFe are mixed. Even there are not many energyenterprises, there are already some requirements,which is a good sign, and they are settledin Las Lomas, in general”, explained Klerian.The total stock of buildings in project is714,949 square meters, from which 39% willbe in the Northern area and 36% on Reforma.Concerning the Offer in finished buildings thereis a total of 468,213 square meters. Santa Fe,Perisur, Norte ad Reforma show the biggestpercentages with 18, 15 and 14% respectively,the last two register the same percentage.Relating to the average rents by sub market,it is observed that Bosques de las Lomashas registered a stable amount between 24-29dollar per square meter but with the tendencyto increase the number as Perisur, which currentprice is between 23-26 dollars per squaremeter. These data were announced in MexicoCity at the Panorama del Mercado de OficinasClase A (Panorama of the Class A Offices Market)of JLL.The expert of JLL said that Nuevo Polancohas known a good development during the last3 or 4 years that is why it presents an interestingoffer, but the lands are getting over. In contrast,a new growth area is the named CorredorNorte “that starts with the important projectToreo of Grupo Danhos and it continues untilNaucalpan, where industrial lands are beingrestructured into offices”.“In Lomas de Chapultepec there is a saturationand the last big project is the Torre Virreyes;facing the lack of lands, the developers seek newareas in the South where they have found goodlands and there is a revival of the area.Santa Fe knew a moment when the developersstop building because for some enterprisesthe traffic was a big trouble then, when theavailable spaces were sold out, the prices gotrecovered and we forecast that the constructionswill come soon again. Another interestingpoint is that the areas are some of the fewwhere it exists public investment as the caseof Super Via Poniente and Constituyentes”, emphasizedthe International Director of JLL.Perla Tapatía shows a goodbehavior in Class A officesThe office market in Guadalajara showed agreat activity when registering a total stockin finished buildings of 186,413 square metersaccording to the report Class A CorporativePanorama- Metropolitan Area of GuadalajaraQ2 2014.There are four main sub markets, the oneknown as Américas, consolidated as a financearea and counting with bank firms like HSBC,Santander, Scotiabank, Banco del Bajío, andIXE Banco; as well as enterprises like Cisco,Deloitte, PWC and KPMG.América and Vallarta have a 94% of generationof new corporative developments inconstruction that will be delivered in the followingtwo years; the first sub market countson the biggest stock of buildings in constructionwith 50 per cent.On the other hand, Puerta de Hierro has gota total availability of 2,224 square meters forbuildings in construction and a vacancy ratein finished buildings of 6.8 per cent; finally onLópez Mateos there are 13 finished buildingsand a total stock of 154, 730 square meters, thisarea shows the biggest total available squaremeters of buildings in construction with 43,023.Monterrey attractsinternational enterprisesThe total stock of buildings class A+, A and B is1,016,663 square meters divided into five corridors:Valle and Valle Oriente represent 36 percent. The corridor with the most attraction fornational and international enterprises is ValleOriente, known as the corporative finance areaof Monterrey.In contrast, the corridor Valle offers greatamenities because it has got restaurants, bars,prestigious stores and malls. In the case of thesub market Contry, it has a bigger presence of newcomplexes of mixed use (including offices). •128www.inmobiliare.com