Q4 2024 registers 567,8 thousand m² of new premium industrial property stock; 27% of the spaces were pre-leased

Guarulhos, in São Paulo, was the region that grew the most in the period, with a new stock of 138 thousand m²

Renato Raduan, Vice President of Pharmacy Operations, Multichannel, Expansion, Logistics and M&A at RD Saúde

By: SiiLA News

01/15/2025

Recent data from SiiLA's Market Analytics highlights the growth of the premium industrial property market (A+ and A classes) across Brazil. In Q4 2024 alone, 567,8 thousand m² of class A+ and A properties were delivered.

Of the total area delivered, 27% was pre-leased, approximately 154 thousand m². Concentration of properties also stood out in the data: 24.3% of the deliveries occurred in the Guarulhos region, totaling 138 thousand m² of new industrial properties.

The second largest region was Greater ABC, also in São Paulo, with 116 thousand m², followed by Extrema, Minas Gerais, with 105 thousand m².

Market Analytics/SiiLA Platform

Overall, São Paulo dominated the deliveries in this quarter, adding 331 thousand m² of class A+ and A stock. Minas Gerais came in second with 129 thousand m², followed by Rio de Janeiro with 100,7 thousand m², and Paraná with just 6,7 thousand m².

What was delivered?

One of the major highlights of the quarter was Golgi Mauá II, the largest project delivered, with 116 thousand m². The property belongs to Golgi, a company controlled by Autonomy Investimentos, led by Roberto Miranda de Lima.

Another key asset in São Paulo's market was the second phase of Cy.log Guarulhos, which added 107 thousand m² to the state's stock. In Minas Gerais, the Parque Logístico Extrema contributed 95 thousand m² to the market.

In Paraná, the expansion of Mega Centro Logístico represented the South region's contribution to the new stock, with just 6,7 thousand m². The Northeast, North, and Midwest regions did not record any deliveries of premium assets during the period.

Full data is available to subscribers of Market Analytics, the Brazilian real estate market data analysis platform.

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