Buenos Aires Offices Figures Q4 2025

Market Context

During the fourth quarter of 2025, the Buenos Aires office market maintained a positive dynamic, although with signs of greater selectivity on the part of demand. Quarterly net absorption reached 32,463 sq m, confirming the continuation of the recovery process that began this year, in a context of very limited delivery of new supply.

As a result, cumulative net absorption for 2025 reached 123,672 sq m, placing it 14% below 2016, a year that closed with 140,549 sqm and remains the strongest performance of the past decade.

The absence of new completions during the period allowed demand to continue absorbing part of the available stock, contributing to a slight improvement in occupancy indicators. By the end of the quarter, total vacancy stood at 343,374 sq m, across an inventory of 2,279,988 sq m.

Regarding rental values, no major variations were recorded throughout the year, with an accumulated increase of 1.02% compared with the first quarter of 2025, reinforcing the stable environment observed in the market.