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Santiago real estate sector is growing, but demand from local and foreign companies is far larger than supply.

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“Thanks to relatively low growth in construction of office space, Santiago’s commercial real estate market is seeing price increases and reduced vacancy rates.

“It is growing as a response to current lack of supply which is reflected in the extremely low vacancy rates,” says Carlos Antunez, managing director of the Chile office of CB Richard Ellis. “*

Posted on: November 5th, 2007
Curation from Tomás
Filed Under: 1. Hispanic News, Business News, International, Real Estate
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