Feb 27, 2025 / 05:30PM GMT
Pere Vinolas Serra - Inmobiliaria Colonial SOCIMI SA - Chief Executive Officer, Executive Vice Chairman of the Board
(technical difficulty) We are also a super clear example of another trend that is happening which is in the office sector for polarization. There is a clear different performance between super prime office market and the secondary locations. Together with another fact that we are experiencing, which is a clear trend of corporates -- corporations to favor people coming back to the office is an evidence in our daily life, that this is happening. People coming back to the office in enhanced qualitative terms, meaning lower density, higher quality of the office environment. And this is also providing a tailwind for our business.
And last but not least, if you look at the dynamics of supply and demand, it's not only that demand is remaining strong. Is that the scarcity plays in our local market, in the niche the Colonial place, it's becoming more and more evident for a number of reasons. It's not only that where we are, it's a little bit irreplicable. You cannot replicate the best
Q4 2024 Inmobiliaria Colonial SOCIMI SA Earnings Call Transcript
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