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Mexico City facing office glut after oil dives

At least 10 skyscrapers are under construction in the financial district, which will expand total office space by about 40% in the next three years

Published Wed, Apr 29, 2015 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Mexico City

    THE twin towers of Capital Reforma rise above Mexico City's priciest district, where monuments to independence and an Aztec emperor dot a boulevard shrouded in trees. It's also where investors made a big bet.

    Three years after opening, the 27-storey glass towers across from the Mexican Stock Exchange are about half empty. A large "For Rent" sign disrupts their sleek façade.

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