There are fewer closed commercial premises in CABA

The commercial activity showed a slight rebound in the July-August bimester in the Buenos aires city if the survey of the Argentine Chamber of Commerce and Services (CAC) is taken as a reference, which showed a decrease of 15.8% in the number of closed premises, for rent or sale. The number of reopening of stores in the main commercial avenues arises from a comparison with the May-June two-month period, but it is still very far from the prendemic levels.

The CAC report highlights that if the number of businesses in activity in the last two months of 2021 is compared with the two months prior to March 2020, the number of closed premises, for rent or for sale is 56.9% higher. This figure increases if only the premises for rent or sale are analyzed: since the premises for rent are 72.4% than those offered in the two-month period prior to the pandemic, while for sale there are 68.8% more premises .

The CCS measurement is carried out, since 2014, in the main 7 commercial routes in Buenos Aires. In Pueyrredón avenues (0-1200) and Avellaneda (2800-3800) there was a lower number of closed premises or positions in the real estate market.

According to the CAC report, in the premises of Rivadavia avenue (2000-2800; 4900-5400; 6300-7400; 11000-11600) there were no modifications, while in the remaining avenues —Córdoba (4000-5300), Corrientes ( 200-6800), Cabildo (0-1800), Santa Fe (700-5300) – and in the Florida pedestrian street, there were bimonthly setbacks.

The commercial panorama in the Buenos Aires capital

On the other hand, based on a survey carried out by the Federation of Wholesalers and Suppliers of the State of the Province of Buenos Aires (FEMAPE), the CAC determined that during July and August 2021 the number of inactive stores in the main commercial areas of The City of La Plata did not register any change in relation to the previous two months.

Likewise, compared to the last pre-pandemic survey, an increase of 84.9% was detected. Specifically, during the seventh and eighth months of 2021, a total of 98 stores with no commercial activity were observed in the surveyed areas of the Buenos Aires capital.

Disclaimer: If you need to update/edit/remove this news or article then please contact our support team Learn more

Leave a Reply