EXCLUSIVE CONTENT
Join our mailing list for Real Estate News, Events, Insights & Resources.
Itaim Bibi, São Paulo, will have a new real estate complex worth R$ 1.2 billion
- The architecture is by KPF, co-author of the Hudson Yards project in New York.
By: SiiLA News
05/10/2022 The Itaim Bibi neighbourhood will get another real estate development with the promise of becoming a point of reference for the business world in the city of São Paulo. Developer SDI and manager Tellus are launching JK Square, a multipurpose complex with offices, residences, shops and a hotel at Rua Tenente Negrão, 100, near Avenida JK. The architecture is by KPF, co-author of the Hudson Yards project in New York.
The construction will require an investment of around R$ 300 million and will be financed by Itaú. The land plot costs another R$ 150 million where it used to be a warehouse for the zipper manufacturer YKK. SDI and Tellus expect that the contributions are worth it. The estimated general sales value (PSV) for the project totals R$ 1.2 billion. It is scheduled to be delivered in 2024.
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.
Arch Capital replaces Mercado Livre with data center at Golgi development in São Paulo
07/07/2026Inland logistics advances and challenges market pessimism
07/06/2026BBIG11 sells assets to reduce debt, but delivers lowest dividend in history and raises concerns among investors
07/02/2026Zagros aims higher as GGRC11 buys two more logistics assets
07/01/2026Tanure and Banco Master Investigation Reaches Gafisa, Raising Concerns at Hines
06/29/2026Investments
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
