With employees working from home, Sao Paulo looks for ways to deal with its real estate portfolio

São Paulo’s city hall estimates that about 25.000 employees out of the 66.000 who are currently working from home due to social distancing will work from home permanently after the pandemic. Regulated by decree, the measure would generate a potential savings of R$1 billion in seven years and should result in a redistribution of the properties occupied by public servants that should remain working from home. Leased buildings may have its contracts terminated, and owned properties may be put up for sale or made available to other offices. The city hall has 116,000 active employees.


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