Quito Office Report, 2023

The office market in Quito remains slow with a decreased transactional volume.

August 30, 2023

New lease agreements are scarce, but optimism in the market remains although 2023 will likely be a year of subdued growth.

Local and multinational companies continue to take advantage of the tenant favorable conditions present in the Ecuadorian market, by reducing their spaces and relocating to newer and better office buildings with superior specifications than their current premises.

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