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Buenos Aires, Argentina
Montevideo, Uruguay
Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC
Market Research provided by
NAI Castro Cranwell & Weiss S.A.
Last Updated: 6-Jan-2007
Market Overview
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Market Research
* Click on each category for a detailed definition.
RENT/M2/MONTH
RENT/SF/YEAR
Low
High
Effective Avg.
Low
High
Effective Avg.
Vacancy
Investment Yield
Downtown Office
New Construction (AAA)
$ 10.00
$ 20.00
N/A
$ 11.15
$ 22.30
N/A
20.0%
N/A
Class A (Prime)
$ 10.00
$ 20.00
N/A
$ 11.15
$ 22.30
N/A
20.0%
N/A
Class B (Secondary)
$ 5.00
$ 15.00
N/A
$ 5.57
$ 16.72
N/A
25.0%
N/A
Suburban Office
New Construction (AAA)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Class A (Prime)
$ 7.00
$ 15.00
N/A
$ 7.80
$ 16.72
N/A
30.0%
N/A
Class B (Secondary)
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Industrial
Bulk Warehouse
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Manufacturing
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
High Tech / R&D
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Retail
Downtown
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Neigborhood Service Centers
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Community Power Center
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Regional Malls
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Development Land
Low/
High/
Low/
High/
Office in CBD
N/A
N/A
N/A
N/A
Land in Office Parks
N/A
N/A
N/A
N/A
Land in Industrial Parks
N/A
N/A
N/A
N/A
Office/Industrial Land - Non-park
N/A
N/A
N/A
N/A
Retail/Commercial Land
N/A
N/A
N/A
N/A
Residential
N/A
N/A
N/A
N/A
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