Get to Know the Largest Companies in Latin America

Petrobras (Brazil)

Petrobras tops the ranking of the largest Latin American companies. Headquartered in Rio de Janeiro, the company also has offices in Colombia, Bolivia, the United States, the Netherlands, and Singapore. 

In Brazil, the company occupies 189,000 m² of A+, A, and B-class office spaces, with its main headquarters located in the two towers of the Centro Empresarial Senado, an A+ development fully occupied by the company. 

In Colombia, Petrobras occupies 684 m² in the Bolsa de Valores de Colombia building. The company does not have offices in Mexico. 

Itaú Unibanco (Brazil) 

Second among Latin American companies is Itaú Unibanco, with 236,000 m² of office spaces in Brazil. The financial institution is the second-largest office occupant in the country, with its main complex at Centro Empresarial Itaú Conceição, where it occupies five towers, totaling 84,000 m². 

Itaú is also present in Argentina, Chile, Colombia, Paraguay, and Uruguay, with 6,000 m² occupied in Colombia, including 4,000 m² in towers I and II of the Capital Tower. 

Banco do Brasil (Brazil)

In third place, Banco do Brasil is the largest office tenant in Brazil, occupying 336,000 m². Its headquarters are in Brasília, spread across three towers known as Green Towers, each with 28,800 m², totaling 86,400 m².  

Vale (Brazil)

The mining company Vale ranks fourth among the largest companies in Latin America. In Brazil, the company occupies 19,000 m² of office space, with most of it located in Nova Lima, Minas Gerais, at the Concórdia Corporate development, where it occupies 15,700 m². 

Vale also operates in countries such as Canada, China, Indonesia, Japan, Malaysia, Oman, and the United Kingdom but does not have a significant presence in other Latin American countries besides Brazil. 

América Móvil (Mexico)

América Móvil, a Mexican telecommunications company, ranks fifth. The company occupies 3,000 m² in Plaza Carso, Mexico City, and is present in other countries indirectly. 

América Móvil owns companies such as Telmex, Telcel, and Claro. In Brazil, Claro occupies 61,000 m² of office space, but this is not counted directly for América Móvil, as the companies are technically distinct. 

Bradesco (Brazil)

Bradesco is the sixth-largest tenant in Brazil and also ranks sixth among the largest Latin American companies. The financial institution occupies 142,000 m² of A+, A, and B-class office space, with the largest lease being 34,000 m² in the Port Corporate Tower, an A+ development in Rio de Janeiro. The bank also has a complex in São Paulo known as Cidade de Deus. 

Internationally, Bradesco is present in Mexico, the USA, the UK, Luxembourg, Hong Kong, and the Cayman Islands. 

Banorte (Mexico)

Banorte, a Mexican financial institution, ranks seventh in Latin America's rankings. The company occupies 64,000 m² of office space in Mexico, with a highlight being the Qurvic Banorte Tower, where it has 21,140 m² in Mexico City.  

BTG Pactual (Brazil)

The Brazilian financial institution BTG Pactual ranks eighth, with 37,000 m² of corporate offices in Brazil, its main occupation being in the north and south towers of the Pátio Victor Malzoni, on Avenida Brigadeiro Faria Lima in São Paulo. 

The company also has a presence in countries such as Argentina, Chile, Peru, England, Portugal, Colombia (where it occupies 5,700 m²), and Mexico. 

Ecopetrol (Colombia) 

Colombian oil company Ecopetrol ranks ninth. In Colombia, the company occupies 4,500 m² in the 13 35 building in Bogotá and operates in Brazil (695 m² in the Centro Empresarial Botafogo, Rio de Janeiro), the United States, and Mexico, where it is starting offshore operations. 

Femsa (Mexico) 

Closing the ranking is Mexico’s Femsa, which operates in 17 countries and occupies 3,300 m² of office space in Mexico, in developments such as the Torre Aeropuerto and the Torre Alestra, both in Nuevo León. 

In Colombia, the company occupies 734 m² in Emporium 96 in Bogotá, and in Brazil, it has 4,600 m² in the Vonpar Building in Porto Alegre, Rio Grande do Sul.