{"id":15622,"date":"2020-11-08T11:31:56","date_gmt":"2020-11-08T11:31:56","guid":{"rendered":"https:\/\/www.instantoffices.com\/blog\/?p=15622"},"modified":"2020-11-11T13:52:18","modified_gmt":"2020-11-11T13:52:18","slug":"leading-cities-flexible-workspace-latin-america","status":"publish","type":"post","link":"https:\/\/www.instantoffices.com\/blog\/featured\/leading-cities-flexible-workspace-latin-america\/","title":{"rendered":"Leading Cities for Flexible Workspace in Latin America"},"content":{"rendered":"<p>Latin America has seen 230% growth in supply of flexible workspace over the last decade, compared to 196% in the US. Workstation rates are down, and vacancy rates are up due to COVID-19, but demand is set to flood back as more businesses take an agile approach to workspace post-pandemic.<\/p>\n<p>In our latest report, <em>The Growth of Agile Workspace: Latin America<\/em>, we explore the shift in demand in key cities,\u00a0monthly desk rates across Latin America, and the impact of COVID-19 on demand for managed spaces, serviced offices and coworking space in <a href=\"https:\/\/www.instantoffices.com\/en\/mx\/office-space\/mexico-city\" target=\"_blank\">Mexico City<\/a>, <a href=\"https:\/\/www.instantoffices.com\/en\/ar\/office-space\/buenos-aires\" target=\"_blank\">Buenos Aires<\/a>, <a href=\"https:\/\/www.instantoffices.com\/en\/br\/office-space\/coworking-spaces\/sao-paulo\" target=\"_blank\">Sao Paulo<\/a> and more.<\/p>\n<p><strong>Luis Perez\u00a0\u2013 VP of Solutions Development LATAM, The Instant Group, says:\u00a0<\/strong>\u201cThe past two years have seen a shift in demand. While the coworking and flex market initially focused on startups and occupiers in Latin America, we are now seeing traditional occupiers and corporates choose agile workspace, which is contributing to a surge in demand for larger requirements and customized space.\u00a0Those entering the market today have their pick of location, space and build-out as vacancies are up, though we are also seeing pent-up demand as people have held back making decisions up until now in the pandemic. We also see suburban locales becoming more popular as companies take on a hub-and-spoke strategy in areas where transportation infrastructure is suffering and commute times are exceedingly long.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.theinstantgroup.com\/en-us\/breakthrough-insights\/industry-insights\/the-growth-of-flexible-workspace-in-latin-america\/\" target=\"_blank\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-15624\" src=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2020\/11\/Latin-America-Flexible-Office-Review-Instant-Offices.jpg\" alt=\"Latin-America-Flexible-Office-Review---Instant-Offices\" width=\"898\" height=\"121\" srcset=\"https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2020\/11\/Latin-America-Flexible-Office-Review-Instant-Offices.jpg 1024w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2020\/11\/Latin-America-Flexible-Office-Review-Instant-Offices-300x40.jpg 300w, https:\/\/www.instantoffices.com\/blog\/wp-content\/uploads\/2020\/11\/Latin-America-Flexible-Office-Review-Instant-Offices-768x104.jpg 768w\" sizes=\"(max-width: 898px) 100vw, 898px\" \/><\/a><\/p>\n<h2><\/h2>\n<h2><strong><span style=\"color: #b3d334;\">Cost of Flexible Workspace Across Latin America<\/span><\/strong><\/h2>\n<p><em>Per desk per month<\/em><\/p>\n<ul>\n<li><strong>Mexico City:<\/strong>\u00a0$336<\/li>\n<li><strong>S\u00e3o Paulo:<\/strong>\u00a0$480<\/li>\n<li><strong>Bogota:<\/strong>\u00a0$302<\/li>\n<li><strong>Buenos Aires:<\/strong>\u00a0$570<\/li>\n<li><strong>Santiago:<\/strong>\u00a0$356<\/li>\n<li><strong>Monterrey:<\/strong>\u00a0$300<\/li>\n<li><strong>Lima:<\/strong>\u00a0$337<\/li>\n<li><strong>San Jos\u00e9:<\/strong>\u00a0$327<\/li>\n<\/ul>\n<p>Find out more by downloading our latest report on <a href=\"https:\/\/www.theinstantgroup.com\/en-us\/breakthrough-insights\/industry-insights\/the-growth-of-flexible-workspace-in-latin-america\/\" target=\"_blank\">flexible workspace in Latin America<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"background-color: #b3d334; padding: 20px 0;\">\n<h2 style=\"text-align: center; margin-bottom: 0;\"><strong>Looking for Office Space?<\/strong><\/h2>\n<p style=\"text-align: center; margin-top: 0;\"><span style=\"color: #000000;\">We Operate in Top US Locations:<\/span><\/p>\n<p style=\"text-align: center;\"><a style=\"color: #3366ff;\" href=\"https:\/\/www.instantoffices.com\/en-us\/us\/office-space\/new-york\">New York<\/a>, <a style=\"color: #3366ff;\" href=\"https:\/\/www.instantoffices.com\/en-us\/us\/office-space\/houston\">Houston<\/a>, <a style=\"color: #3366ff;\" href=\"https:\/\/www.instantoffices.com\/en-us\/us\/office-space\/dallas\">Dallas<\/a>, <a style=\"color: #3366ff;\" href=\"https:\/\/www.instantoffices.com\/en-us\/us\/office-space\/miami\">Miami<\/a>, <a style=\"color: #3366ff;\" href=\"https:\/\/www.instantoffices.com\/en-us\/us\/office-space\/san-francisco\">San Francisco<\/a>, <a style=\"color: #3366ff;\" href=\"https:\/\/www.instantoffices.com\/en-us\/us\/office-space\/chicago\">Chicago<\/a>,<br \/>\n<a style=\"color: #3366ff;\" href=\"http:\/\/www.instantoffices.com\">Search more locations<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Latin America has seen 230% growth in supply of flexible workspace over the last decade, compared to 196% in the US. Workstation rates are down, and vacancy rates are up due to COVID-19, but demand is set to flood back as more businesses take an agile approach to workspace post-pandemic. In our latest report, The Growth of Agile Workspace: Latin America, we explore the shift in demand in key cities,\u00a0monthly desk rates across Latin America, and the impact of COVID-19 on demand for managed spaces, serviced offices and coworking space in Mexico City, Buenos Aires, Sao Paulo and more. Luis Perez\u00a0\u2013 VP of Solutions Development LATAM, The Instant Group, says:\u00a0\u201cThe past two years have seen a shift in demand. While the coworking and flex market initially focused on startups and occupiers in Latin America, we are now seeing traditional occupiers and corporates choose agile workspace, which is contributing to a surge in demand for larger requirements and customized space.\u00a0Those entering the market today have their pick of location, space and build-out as vacancies are up, though we are also seeing pent-up demand as people have held back making decisions up until now in the pandemic. We also see suburban locales becoming more popular as companies take on a hub-and-spoke strategy in areas where transportation infrastructure is suffering and commute times are exceedingly long.\u201d &nbsp; Cost of Flexible Workspace Across Latin America Per desk per month Mexico City:\u00a0$336 S\u00e3o Paulo:\u00a0$480 Bogota:\u00a0$302 Buenos Aires:\u00a0$570 Santiago:\u00a0$356 Monterrey:\u00a0$300 Lima:\u00a0$337 San Jos\u00e9:\u00a0$327 Find out more by downloading our latest report on flexible workspace in Latin America. &nbsp; Looking for Office Space? We Operate in Top US Locations: New York, Houston, Dallas, Miami, San Francisco, Chicago, Search more locations<\/p>\n","protected":false},"author":1,"featured_media":15625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[214,1],"tags":[],"class_list":["post-15622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-reports-and-research"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Leading Cities for Flexible Workspace Latin America - Instant Offices<\/title>\n<meta name=\"description\" content=\"Demand for serviced offices &amp; coworking space in Mexico, Buenos Aires, Sao Paulo and more set to grow post-pandemic. 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