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The decelerating economic growth and increased competition to lease spaces, would lead 2016 supply levels to be lower than in 2014 and 2015, representative of close to 11% and 6% of the market’s stock, respectively. It is expected that near 160,000 sq. m. are to be delivered during next year, equivalent to a 5% of the total market’s stock.
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Monday, January 18, 2016