• The World Bank raised its Economic forecast for Peru in 2016 from 3.3% to 3.6%.
  • Warehouse real estate activiy was low in East submarket during Q2 2016.
  • The growing tren of build-to-suit warehouses continued.
  • South submarket still registered a considerable amount of land to develop.
  • South inventory grew 5.5% compared to Q1 2016.
  • Market's average vacancy rate was 7.6%.
  • The average lease rate was US$ 6.50 per sq. m. per month.