Corporate leasing suffered from the COVID-19 pandemic. Between October and December, the balance between new entries and returns from high-end offices in the key commercial regions of São Paulo was negative at 24.6 thousand square metres.
The vacancy rate reached 19.3%, higher than the 18.4% in the previous quarter, according to unpublished data from the real estate consultancy SiiLA Brasil.
Read more: https://siila.com.br/news/detail/14142231