Bringing it to the present, today, the Chucri Zaidan region has a stock of 797,356 m². Of this total, 27.08%, or 208,000 m², is vacant. According to SiiLA's monitoring, this is the largest volume of vacant space in a single region in the city of São Paulo.

With new and modern buildings and a lot of vacancies, the transaction value of high-end properties in the region has drawn attention, after a lease at Parque da Cidade was registered for R$ 50/m².

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With so much vacant stock in the region's developments, a recurring question among market professionals revolves around when Chucri's offices will start to show a good occupancy rate?

At the request of the REsource team, SiiLA's market intelligence team conducted a simulation of how long it would take for Chucri Zaidan to eliminate the vacancy in its offices if it maintained the leasing pace of recent years.

For the analysis, it was necessary to consider the new stock expected for 2025 in the region when towers A and B of Esther Tower are expected to be delivered, adding 66,000 m².

According to the graph below, SiiLA's research team analysis indicates that, based on the patterns seen so far, Chucri Zaidan's vacancy would only be eliminated by 2031, under all scenarios.

The analyzed data are a forecast based on information available up to the first quarter of 2024. Events such as economic, political, or social crises, as well as unexpected movements by major companies, projects that have not yet been approved, or any force majeure event, are impossible to predict.