Corporate property returns in SP and Rio

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The vacancy rate reached 19.3%, higher than the 18.4% in the previous quarter, according to unpublished data from the real estate consultancy SiiLA Brasil.

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