Join our mailing list for Real Estate News, Events, Insights & Resources.
IGP-M is out, IPCA is in; see what the courts have decided in the fight between tenants and landlords
12/30/2021
More companies are getting in court the replacement of the IGP-M (General Market Price Index) in their rental contracts. The central argument of these actions is that the rise in the index unbalanced agreements closed, in general, years before the beginning of the pandemic, in March 2020, which would justify their renegotiations.
For judge Maria Cristina Barros Gutierrez Slaibi, of the 3rd Civil Court of Rio de Janeiro, the legislation provides that, in cases where the provision becomes excessively onerous for one of the parties, representing an extreme advantage for the other, the debtor may request a review of the contract.
Source: Folha de São Paulo
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.
Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026Investments
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target
Market Trends
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why
Trusted by Leading Publications
EXCLUSIVE CONTENT
