Delayed negotiations, rebates, benefits, a lot of doubts and expectations with the return of the economic activity. The routine of those who work with commercial real estate in São Paulo has been one of many visits and few contracts.
Having said that, the situation is already better than that registered in 2020, when thousands of properties and commercial offices were vacated due to the economic crisis and the quarantine measures determined at the beginning of the pandemic.
In the second quarter of this year, according to data from SiiLA, the class A and A+ office market registered more contracts closed than returns. At the end of June, the occupancy rate was 76.4%.