Insight
Property common space expenditure report
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The report analyzes expense costs in corporate office buildings across three Latin American markets: Buenos Aires, Montevideo, and Santiago. It also examines the typical distribution of expenses (utilities, maintenance, security, etc.) and the correlation between building age, score, and expense values in each market. Montevideo stands out with the highest values for Class A buildings (USD 7.2/m²/month), while Buenos Aires leads in Class B (USD 5.5/m²/month).