Latin America Commercial Real Estate Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Latin America Real Estate Market is Segmented by Type (Office, Retail, Industrial, Logistics, Multi-family, and Hospitality) and by Country (Brazil, Argentina, Mexico, Chile, Colombia, Peru, and the Rest of Latin America). The market size and forecasts for all the above segments in value (USD billion).

Latin America Commercial Real Estate Market Size

Latin America Commercial Real Estate Market Summary
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Latin America Commercial Real Estate Market Analysis

The Latin America Commercial Real Estate Market is expected to register a CAGR of greater than 4% during the forecast period.

  • The industrial segment continued to perform well, despite some surprises and overly negative forecasts in the retail commercial real estate markets. Overall, the multi-family segment appears to have a huge opportunity.
  • The increased time to complete sales, unfavorable local economies and a drop in sale price negatively affected the performance of Class A office sales in Latin America during the first half of 2021.
  • With the emergence of PropTech, the commercial real estate industry in Latin America is starting to take off. Mexico, Brazil, Chile, and Argentina are among the countries that have embraced disruptive technology in the real estate industry. In total, there are more than 350 PropTech companies in Latin America, with the majority of them based in Brazil.

Latin America Commercial Real Estate Industry Overview

The Latin American commercial real estate market is highly fragmented due to the presence of a vast number of players. Some of the major players in the Latin American commercial real estate market are Quality Inmobiliaria, Patio Group, Boston Andes Capital, Urbanizadora Paranoazinho, etc. 

Commercial real estate is changing for the better as a result of the rapid growth of new technologies. Brokers, property managers, developers, and tenants are updating themselves to increase productivity while saving money.

Latin America Commercial Real Estate Market Leaders

  1. Quality Inmobiliaria

  2. Patio Group

  3. Boston Andes Capital

  4. Urbanizadora Paranoazinho S / A (UPSA)

  5. TRK Imóveis

  6. *Disclaimer: Major Players sorted in no particular order
Latin America Commercial Real Estate Market Concentration
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Latin America Commercial Real Estate Market News

November 2022: Colliers CAAC, a regional holding company that currently holds exclusive sublicenses for Central America, the Caribbean and certain Andean countries from Colliers International, announced the acquisition of a Costa Rican real estate consultancy.

January 2022: Colombian real estate startup Habi backed by SoftBank Group. acquired Mexican rival OKOL.

Latin America Commercial Real Estate Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS AND INSIGHTS

  • 4.1 Market Overview
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.2 Restraints
    • 4.2.3 Opportunities
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
  • 4.4 Current Economic Scenario and Consumer Sentiment
  • 4.5 Commercial Real Estate Buying Trends - Socioeconomic and Demographic Insights
  • 4.6 Government Initiatives and Regulatory Aspects for the Commercial Real Estate Sector
  • 4.7 Insights into Existing and Upcoming Projects
  • 4.8 Insights into Interest Rate Regime for General Economy and Real Estate Lending
  • 4.9 Insights into Rental Yields in the Commercial Real Estate Segment
  • 4.10 Insights into Capital Market Penetration and REIT Presence in Commercial Real Estate
  • 4.11 Insights into Public-private Partnerships in Commercial Real Estate
  • 4.12 Insights into Real Estate Tech and Startups Active in the Real Estate Segment (Broking, Social Media, Facility Management, Property Management)
  • 4.13 Impact of COVID-19 Pandemic on the Market

5. MARKET SEGMENTATION

  • 5.1 By Type
    • 5.1.1 Office
    • 5.1.2 Retail
    • 5.1.3 Industrial
    • 5.1.4 Logistics
    • 5.1.5 Multi-family
    • 5.1.6 Hospitality
  • 5.2 By Country
    • 5.2.1 Brazil
    • 5.2.2 Argentina
    • 5.2.3 Mexico
    • 5.2.4 Chile
    • 5.2.5 Colombia
    • 5.2.6 Peru
    • 5.2.7 Rest of Latin America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Company Profiles
    • 6.2.1 Developers
    • 6.2.1.1 Quality Inmobiliaria
    • 6.2.1.2 Patio Group
    • 6.2.1.3 Boston Andes Capital
    • 6.2.1.4 Urbanizadora Paranoazinho
    • 6.2.1.5 TRK Imoveis
    • 6.2.2 Real Estate Agencies
    • 6.2.2.1 Colliers
    • 6.2.2.2 Pulso Inmobiliario
    • 6.2.2.3 JLL
    • 6.2.2.4 CBRE
    • 6.2.2.5 Grupoguia
    • 6.2.2.6 Pilay Inmobiliaria
    • 6.2.2.7 Rafael Angel Inmobiliaria
    • 6.2.2.8 Century 21 Colombia
    • 6.2.2.9 Redpiso
    • 6.2.2.10 DNA Imoveis
    • 6.2.3 Other Companies (Startups, Associations, etc.)
    • 6.2.3.1 Loft
    • 6.2.3.2 Tadeu Santiago Real Estate
    • 6.2.3.3 Kzas
    • 6.2.3.4 RPI Inmobiliaria*
  • *List Not Exhaustive

7. FUTURE OF THE MARKET AND ANALYST RECOMMENDATIONS

8. INVESTMENT ANALYSIS

  • 8.1 Direct Investments
  • 8.2 Indirect Investments

9. DISCLAIMER

10. APPENDIX

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Latin America Commercial Real Estate Industry Segmentation

Commercial real estate (CRE) is a property used solely for business or to provide a workspace rather than for residential purposes. Commercial real estate is often leased to tenants for the purpose of conducting income-generating activities. 

The commercial real estate market in Latin America is segmented by type (office, retail, industrial, logistics, multi-family, and hospitality) and by country. The report offers market size and forecasts for the Latin American real estate market in value (USD billion) for all the above segments. The impact of the COVID-19 pandemic on the market will be covered in the report.

By Type Office
Retail
Industrial
Logistics
Multi-family
Hospitality
By Country Brazil
Argentina
Mexico
Chile
Colombia
Peru
Rest of Latin America
By Type
Office
Retail
Industrial
Logistics
Multi-family
Hospitality
By Country
Brazil
Argentina
Mexico
Chile
Colombia
Peru
Rest of Latin America
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Latin America Commercial Real Estate Market Research FAQs

What is the current Latin America Commercial Real Estate Market size?

The Latin America Commercial Real Estate Market is projected to register a CAGR of greater than 4% during the forecast period (2025-2030)

Who are the key players in Latin America Commercial Real Estate Market?

Quality Inmobiliaria, Patio Group, Boston Andes Capital, Urbanizadora Paranoazinho S / A (UPSA) and TRK Imóveis are the major companies operating in the Latin America Commercial Real Estate Market.

What years does this Latin America Commercial Real Estate Market cover?

The report covers the Latin America Commercial Real Estate Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Latin America Commercial Real Estate Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Page last updated on: June 16, 2024

Latin America Commercial Real Estate Industry Report

Statistics for the 2025 Latin America Commercial Real Estate market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Latin America Commercial Real Estate analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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