Net absorption remained positive during Q3 2026, although below the levels recorded in previous quarters
16 October 2026
Insight
16 October 2026
Chile - Office insight Q3 2026
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Authors
Alessandro Piffardi Alfaro
- Net absorption regained momentum during Q3 2026, mainly driven by demand recorded in Las Condes.
- New supply additions remained limited, with nearly 13,800 sqm delivered year-to-date in 2026.
- The overall vacancy rate continued to decline, supported by higher occupancy levels in Class A office space.
- Asking rents remained stable, with differentiated performance across segments and locations.