4. A handful of players: São Paulo’s largest corporate property owners

In São Paulo, 10% of corporate real estate is controlled by just three major players: Brookfield Properties, PREVI (Banco do Brasil Employees’ Pension Fund), and Itaú.

Together, these entities own nearly 1 million square meters of office space, representing a significant portion of the city's corporate real estate market. Brookfield leads, followed by PREVI and Itaú.

• Read the full article here: 10% of São Paulo's Properties are Owned by Three Companies

5. The WeWork saga

The WeWork crisis was one of the most talked-about topics in 2024. With massive debts and rent arrears, the company faced eviction orders, potentially impacting São Paulo’s vacancy rates and alarming property owners and FIIs.

Read the full article here:

• WeWork Receives Eviction Notice in Brazil Over Unpaid Rent
• In Crisis, WeWork May Impact Vacancy Rates in Brazil; at Least Six FIIs Admit Delays in Rent Payments

6. The rise of the Multifamily market in Brazil

In 2024, the Multifamily property market gained prominence, solidifying itself as a growing trend in Brazil’s real estate sector. This segment, consisting of residential properties exclusively for rental, attracted attention from investors and developers throughout the year.

Increased demand for rental properties and the preferences of new consumers, who value flexibility, were among the factors driving the market's growth. Projects like entire rental buildings and professionalized management of these assets signal a new era for Brazil’s residential sector.

• Read the full article here: Brazil’s Multifamily Market Set for 31.5% Growth in 12 Months; SiiLA Reports Over 9,000 Units Monitored Nationwide

7. Absorption challenges in São Paulo’s Chucri Zaidan region

The Chucri Zaidan area in São Paulo highlighted one of the corporate real estate market’s main challenges in 2024: the absorption of new modern towers. With a substantial inventory of recently delivered buildings and high vacancy rates, the local market faces questions about how long it will take to balance supply and demand.

The article explored strategies that owners and investors should adopt to attract tenants in a competitive environment, emphasizing the technological and sustainable features of these buildings.

Read the full article here: New, Modern, and Empty Towers: How Long Will it Take to Absorb Chucri Zaidan's Stock?

8. E-commerce and consumer goods drive logistics growth

E-commerce operations and the growth of the consumer goods sector were the main drivers of logistics property occupancy in 2024.

• Read the full article here: Driven by E-commerce, the Consumer Goods Sector Leads Growth in Industrial Properties

9. The cost-effectiveness of occupying a logistics park inside Latin America’s largest airport

Occupancy at a logistics park within Latin America’s largest airport was one of the most debated topics of 2024. Despite occupancy costs being up to three times higher than traditional parks, companies view proximity to the airport as a strategic advantage, especially for operations requiring agility and logistical efficiency.

• Read the full article here: With Occupancy Costs Three Times Higher, is it Worth Leasing an Industrial Properties Within Latin America's Largest Airport?

10. Fonseca’s Tower: A “white elephant” in Vila Olímpia

Abandoned and with no clear prospects for revitalization, Fonseca’s Tower has become a symbol of wasted potential in Vila Olímpia, one of São Paulo’s most valuable areas.

The article delves into the issues that led to the property’s abandonment and the challenges for its revival, raising questions about urban planning and the use of spaces in prime areas.

• Read the full article here: Fonseca’s Tower: a white elephant in the midst of Vila Olimpia