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The logistics market remains heated and should reduce average vacancy
02/03/2022
If a segment in the real estate market cannot complain about the new social dynamics imposed by covid-19, we are talking about logistics condominiums. This is not about celebrating the pandemic. Still, it is undeniable that some of its effects favoured the market, which saw occupancy rise with unprecedented demand from e-commerce.
According to SiiLA, the average vacancy rate is 11.48% in A+ and A assets (data from the 4th quarter of 2021). In the first three months of 2020, when the new coronavirus arrived in the country, the rate was 18.16% of available stock, considering data from 16 Brazilian states.
According to the industry leaders expectations, shown in the survey by the GRI Club between January 27th and February 1st, the trend is for occupancy to continue growing (59%) compared to 2021. Still, 27.6% see that there will be an appreciation in the square meter price.
In this regard, however, most believe in maintaining the values practised last year. For 24%, the vacancy rate will remain at similar levels.
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