{
  "url": "https://classa.info/cities/santiago/faq",
  "title": "Santiago Class A office: frequently asked questions",
  "description": "Quick answers to the questions occupiers ask most about Santiago Class A office leasing.",
  "oneSentenceAnswer": "Quick reference: Santiago Class A rent is CLP$22,000/sqm/mo · ≈ $27 PSF/yr USD ($27 USD), typical term 5 years, 4 months free.",
  "tldr": [
    "Class A rent: CLP$22,000/sqm/mo · ≈ $27 PSF/yr USD.",
    "Typical term: 5 years.",
    "Typical rent-free: 4 months.",
    "Vacancy: 9.4%."
  ],
  "keyFacts": {
    "city": "Santiago",
    "country": "Chile",
    "region": "Americas",
    "classARentLocal": "CLP$22,000/sqm/mo · ≈ $27 PSF/yr USD",
    "classARentUsd": "$27/sqft/yr",
    "vacancy": "9.4%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 4,
    "submarkets": 5,
    "primeYieldPct": "6.6%"
  },
  "faqs": [
    {
      "question": "What is the UF indexation?",
      "answer": "Unidad de Fomento is Chile's inflation-indexed unit of account. Most Class A leases (and many other long-term contracts) are denominated in UF rather than nominal pesos to provide automatic inflation adjustment."
    },
    {
      "question": "Why is Santiago so tight?",
      "answer": "A combination of (a) structural mining demand, (b) limited new construction, (c) wealthy domestic capital base, and (d) strong demand from MNC regional HQs serving the Pacific Alliance markets."
    },
    {
      "question": "What is Sanhattan?",
      "answer": "Sanhattan is the colloquial name for the Las Condes financial district — the densest concentration of Class A trophy product in Chile."
    }
  ],
  "pageType": "city-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/santiago/faq), updated 2026-04-15T00:00:00.000Z."
}