The market, however, already feels the impacts of the new work model projected by the crisis. According to the High Standard Office Market report by JLL, a real estate consultancy specialised in corporate properties, in the first quarter of 2020, there was a 19.3% vacancy in the city and 13.6% in rental areas. Very similar percentages to the Siila platform, a data platform for the real estate market, showed vacancy rates of 15.4% in the second quarter for high-end corporate developments in São Paulo and 32% in Rio de Janeiro.
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