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Eletrobras Expands to São Paulo, Leasing 4,5 thousand m² for Its New Office at Parque da Cidade

  • Exclusive SiiLA data reveals that the company is occupying two floors in the Paineira tower
  • Eletrobras currently occupies over 27 thousand m² in Rio de Janeiro

Ivan de Souza Monteiro, CEO of Eletrobras
Ivan de Souza Monteiro, CEO of Eletrobras
By: SiiLA News
03/26/2025

Exclusive findings from SiiLA confirm that Eletrobras is entering São Paulo’s office market. The energy company has just leased two floors at Brookfield’s Parque da Cidade complex. The transaction was recorded in the Paineira tower, where Eletrobras will occupy approximately 4,5 thousand m² on the fifth and sixth floors.

According to SiiLA’s Market Analytics platform, the building has a market value of R$ 89.66 per sqm. Other tenants in the complex include developer Tegra, renewable energy firm Elera, Accenture, and Brookfield itself, the property owner.

This marks Eletrobras' first high-end office in São Paulo, as the company previously centralized its operations in Rio de Janeiro. In Rio, SiiLA tracks a total office footprint of 27,8 thousand m² for the company. When contacted by REsource, Eletrobras declined to comment before publication.

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ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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