BASE PG – Office Market Study Colombia

Project Leaders: Diego Rodriguez Rueda, MRICS; Jessica Suarez

Needs

Market information for use with investors, banks, and for management (design, and lease negotiations). Need for transparency and a 3rd party opinion to support and justify the developer’s strategic decisions.

Specific information and analysis for the project, rather than broad market and submarket information. Report was designed for a Class A Office project with superior design and location.


Approach

In-depth Market Analysis Report was completed for Class A office project in Bogota, Colombia, 8111.

Benchmarking analysis of the subject was conducted in relation to its competitors to understand its strengths and weaknesses.

Identification of key market trends in relation to the subject´s attributes to determine its most likely rents and absorption time, according to the provided construction and commercialization timeline.

Selection of information sources and definition of the data collection and analysis methodologies and processes.

Organization and analysis of the collected information to identify key aspects and market trends for the client´s internal decision process.


Outcome

According to the client, the market analysis reports allowed for:

  • Validation of rental and absorption projections for potential investors
  • Support for lease value projections
  • Allowed for internal leasing strategy to be concluded – lease value optimization and tenant mix, rather than only quick lease-up

Other case studies

Latam Logistic Properties – Industrial Market Study Colombia, Peru

Project Leaders: Diego Rodríguez Rueda MRICS, Paola Raba Need The client needed to understand and keep track of the dynamics of the logistics.

ARGUS Developer helps set standard for complex modelling in latin america

LOGAN Valuation is an institutional real estate valuation and consulting firm serving Latin America, with offices in Colombia, Peru and Mexico.

Local teams. Regional standards.
One point of contact.

81st Street # 11-55, Ochenta 81 Building, North Tower, 6th Floor, Office 601, Bogotá, Colombia

Email: adminCO@loganvaluation.com
Phone: +57 (601) 467-4717
Hours: M - F 8.00 am - 5.30 pm

217 Mayor Armando Blondet Street, Office 901, San Isidro, Lima, Peru

Email: adminPE@loganvaluation.com
Phone: +51 (1) 702-7126
Hours: M - F 8.00 am - 5.30 pm

San Rafael de Escazu, District 4 North Coast – Amara CC, Office 408, 10203, Costa Rica

Email: AdminCA@loganvaluation.com
Phone: +506 4010-0565
Hours: M - F 8.00 am - 5.30 pm

Plaza Villa de Madrid No. 1, 10th Floor – Office “C,” Roma Norte, Cuauhtémoc, ZIP Code 06700, Mexico City, Mexico

Email: adminMX@loganvaluation.com
Phone: +52 (55) 9303-5017
Hours: M - F 8.00 am - 5.30 pm

86 Rafael Augusto Sánchez Street, Roble Corporate Center, 7th Floor, Office 10148, Santo Domingo, Dominican Republic

Email: adminCB@loganvaluation.com
Phone: +1 (849) 936-3683
Hours: M - F 9:00 am - 6:30 pm

Av. El Golf 40, 12th Floor, Las Condes, Santiago, 7550107

Email: AdminCH@loganvaluation.com
Phone: +56 (2) 2485-1345
Hours: M - F 8.00 am - 5.30 pm

Calle A-1, Urb. El Parque. Delta Tower, 6th Floor, Office No. 6-E, Barquisimeto, Lara State, Venezuela

Email: AdminVE@loganvaluation.com
Phone: +58 0424-5344823
Hours: M - F 8.00 am - 5.30 pm

Diagonal 6, 10-50, Zone 10, Interamericas Building, North Tower, Office 1601, Guatemala City, Guatemala

Email: adminCA@loganvaluation.com
Phone: +502 2294 4393
Hours: M - F 8.00 am - 5.30 pm