At present, the total stock in the region stands at 922,072 sq m, with 796,829 sq m of high-end spaces. However, market players anticipate swift occupancy and an increase in average asking prices—currently at R$100.59/sq m for A+ and A-grade assets (close to 20 dollars), according to Market Analytics.

SiiLA's data reveals that other areas like Faria Lima, housing numerous FIRE sector companies with a low vacancy rate of 5.2%, commands the highest square meter values, averaging at R$198.90 (about 40 dollars).

"In the Faria Lima area, you'll find a notably low vacancy rate coupled with naturally elevated pricing. We're discussing values that can range from R$ 250 to R$ 300 per square meter – figures that pose challenges for companies seeking to operate within the R$ 120 to R$ 110 range. Moreover, when we shift our focus to the iconic Paulista Avenue, companies seeking larger spaces of 4,000, 5,000, or 6,000 square meters face difficulty due to the scarcity of available vacant plots. This holds true for the Faria Lima district as well. However, in the Chucri Zaidan region, there is a compelling combination of competitive pricing and sizable available areas, catering to the needs of substantial and prestigious tenants," explains the Executive Vice President of the company.

Brookfield Properties boasts standout developments in the region, such as Parque da Cidade. In addition to its corporate towers, the complex features restaurants, a mall, cinema, hospital clinic, verdant square, cycling paths, and a 5-star hotel. Another notable development is O Parque, situated near Av. Roque Petroni, covering 19.8 thousand sq m.

Even the company's own headquarters is located in Chucri Zaidan, strategically designed for employee well-being. "Well-being is of paramount importance. This comprehensive infrastructure is crucial to serving Brookfield's employees. They need to reach here, and once they do, they need places to dine, access hospitals, clinics, and banks—we have it all here. This played a pivotal role in the decision-making process. 'Where am I going?' To a region where our employees can reach and have essential services at their disposal", Rejman explains.