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SBI - GERAL Q1 2026
+2.90 % 351.30
=
INCOME RETURN
+2.07 % +
APPRECIATION RETURN
+0.83 %
USD / REAL
0.00 % 5.18
CAN / REAL
0.00 % 3.65
EURO / REAL
0.00 % 5.93
IBOVESPA
-0.70 % 118,939.87 PTS
IFIX
0.00 % 3,846.78 PTS
SELIC
14.25 % 04.Jul.2026

Flexible Workspaces Drive Return to the Office in Brazil, with Data Showing Strong Expansion

  • The resurgence of large office leases highlights how in-person presence has once again become a priority for companies seeking productivity and collaboration
Pedro Vasconcellos, interim CEO of Woba
Pedro Vasconcellos, interim CEO of Woba
By: SiiLA News
09/10/2025

Economic development, new businesses, and corporate expansions are some of the many factors fueling the growth of Brazil’s office market. Yet another crucial driver has been the return to in-person work. After the pandemic—especially from 2023 onward—vacancy rates began to fall, according to data from SiiLA. 

This trend has been observed nationwide, but São Paulo stands out with even sharper figures. Amazon, for instance, had previously adopted a predominantly remote model. However, internal policies put an end to that practice, leading the company to lease an entire building in the Pinheiros district. 

Market Analytics data shows a consistent quarterly decline in office vacancy, despite the steady addition of new inventory. 

Latam
Brazil
National
Coworking
Market Analytics
Market Trends

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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