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Santiago Offices MarketView Q1 2013

Active office market registers new entries and an increase in the vacancy rate.

This quarter shows an increase in the vacancy rate for Class A, marked by new entries, which reflects the dynamics projected for the market this year.

The first quarter of 2013 was marked by a great level of activity; the entry of two new Class A buildings with a total of 35,483 m2 and six Class B buildings with a total of 32,684 m2, generated an increase in the vacancy rate in these submarkets, which reached 2.67% in Class A and 3.32% in Class B.

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