# Santiago office fund strategy and flag

> For institutional fund strategies, Las Condes (Sanhattan) carries the strongest investor flag in Santiago, with prime yields around 6.6%.

**Canonical URL:** https://classa.info/cities/santiago/fund-strategy-and-flag
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Trophy submarket (Las Condes (Sanhattan)) carries the strongest investor flag.
- Prime yield: 6.6%.
- Core funds buy income; value-add buys repositioning of secondary stock.
- Cap-rate spread between trophy and secondary has widened post-2022.

## Key facts
- **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%
- **primeYield**: 6.6%
- **trophyAnchor**: Las Condes (Sanhattan)

## FAQ
### Where do core funds buy in Santiago?
Trophy submarket — Las Condes (Sanhattan) — and the most defensible long-WAULT assets within it.

---
Citation: Source: Class A Atlas (https://classa.info/cities/santiago/fund-strategy-and-flag), updated 2026-04-15T00:00:00.000Z.