Six Class A+ developments, located in the Faria Lima, Pinheiros, and Chácara Santo Antônio regions of São Paulo, were awarded the LEED Carbon Zero certification by the US Green Building Council (USGBC) in August. The assets are part of Brookfield Properties' portfolio and are in the Faria Lima, Pinheiros, and Chácara Santo Antônio regions of São Paulo.

Brookfield Properties, responsible for managing corporate properties, industrial properties, multifamily residential spaces, and malls, notes that this marks the first time this certificate has been granted to Class A+ commercial buildings in Brazil. In a statement, Brookfield Properties reveals this move is part of a global sustainability effort, with a goal to achieve NetZero by 2050.

NetZero represents a commitment to eliminate all carbon emissions, aiming to mitigate the impacts of global warming—a collaborative endeavor involving private institutions and governmental bodies.

The recognized developments by the USGBC include:

• Faria Lima Square;

• Faria Lima Financial Center;

• Miss Silvia Morizono;

• JK 1455;

• Eldorado Business Tower;

•Torre Sigma (17007 Nações complex)

Based on the SiiLA portfolio analysis tool, properties like Torre Sigma, Faria Lima Square, and Miss Silvia Morizono are fully occupied. JK 1455 has a 20% vacancy rate, Eldorado Business Tower stands at 6%, and Faria Lima Financial Center has only 3% vacancy. These figures are based on the second-quarter 2023 data from the Market Analytics intelligence platform.

The primary occupants of these six developments represent a mix of financial, food, and legal sectors. Companies like Nestlé, Itaú, LinkedIn, and Grupo Roche are among the prominent tenants holding office space in these certified buildings.

Across all regions monitored by SiiLA platform, Brookfield Properties' top-tier offices boast an occupancy rate of 73.97% with an average price of R$ 81.42 per square meter.