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firm Colliers report revealed that Bogota is the fourth Latin American city where most offices do though, according to one expert, the market is not well defined.

Mexico City, the most built offices in Latin America

A report by the firm Colliers International revealed that Bogota is the fourth largest city in Latin America where most offices are built, although according to the World Office Forum in the nation's capital is not clear real estate system information nor its market, which is added to a dispersion of buildings.

At the end of 2010, Bogotá was under construction 263,270 meters square, according to the Colliers report. The first in the area have it in Mexico City, the second and third São Paulo Rio de Janeiro. After the capital of the Republic, are Santiago de Chile, San José (Costa Rica), Lima and Buenos Aires.

Worldwide, Bogota is ranked 34 with a greater number of square feet under construction in the office market. In front of the existing inventory in Latin America, the capital of the Republic is ranked sixth in the region and has to his credit with 1'524 .449 meters square. In this list the first site has São Paulo, followed by Mexico City, Rio de Janeiro, Buenos Aires, Santiago de Chile and Bogotá. The court

December 2003, the study of Colliers, Bogota had an availability rate of 4% office, which reached 8% at end-2010. The report said the region Latin America has one of the offices available rates lowest in the world, which amounts to 6%. "The Latin American region continues to record robust growth rates," says a section of the report.

Office President of the World Forum, Jorge Zanoletty, told The Spectator that "no Bogotá has a distinct market for office. " He added that the Achilles heel of this is the lack of consolidated information to clearly establish the supply and demand for office space.

"The basis for Bogota becomes a business center is the creation of financial structures. On the estate, I think it needs city structure, "said Zanoletty, adding that Bogota is necessary office building stock century. "Institutional investors are willing to pay dearly, so it's good," said the manager. Zanoletty

added that a place of Bogota 26 street would the conditions for a central business district that specializes in real estate issue. "I've seen good office buildings in Bogotá, but are scattered," he said.

The president of the Construction Value Mutis Sergio Caballero, the fact that large multinationals are looking to invest in Colombia lays out the demand for new offices. "In this decade, requiring 100,000 square meters per year, whereas in the past applied only 30,000" he said.

turn, Andres Arango, president of the construction Ospinas, explained that the offices in Bogotá (pre-stage, construction and inventory costs) are located in three main areas, as the street 116 and in the areas of Chico and saltpeter. He added that at this time is 209,000 meters square Bogotá available in offices, of which 8,000 are taken monthly.