Research

Puerto Rico Office Report, H1 2023

August 03, 2023

The downsizing of corporate real estate has continued in the last months with rumors of big company name reducing their spaces. The market is still adjusting to the adaptation of a hybrid work scheme, thus multinational companies are taking advantage of the tenant favorable conditions that allow them to reduce space or relocate to smaller spaces with ease. This is expected continue to occur during the remainder of the year until the market adjusts completely.

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