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[BUSINESS] · Chile · 2 sources

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Santiago office market leads real estate investment in H1 2026

The corporate real estate investment market in Santiago closed the first half of 2026 with total transactions reaching UF 5,980,897. The office segment emerged as the most dynamic asset class, accounting for approximately 46% of the total volume with UF 2,728,917 in transactions.

In the office sector, there was a 120% increase in the number of operations exceeding UF 30,000. Investment activity was heavily concentrated in Las Condes, which accounted for nearly 90% of the total volume, driven by the sale of entire buildings and office packages. Institutional investors showed a preference for Class A assets and long-term rental income.

Key transactions included INVINSA’s acquisition of the building at Apoquindo 4660 from Grupo Patio for UF 1,157,880, as well as purchases of the El Bosque Norte 0110 building and several floors of the Rosario Norte 530 building. Following the office segment, the industrial, retail, and multifamily sectors were the primary drivers of investment growth.

Entities

Cushman & Wakefield · Grupo Patio · INVINSA · Las Condes · Santiago