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"There are still plenty of opportunities and demand in the office market", says Giancarlo Nicastro in an interview on the Cedulla podcast

  • During the conversation, the executive also discussed asset classifications and the factors that make a property be considered a high-end. 
For SiiLA's CEO, we are going through a phase of change in relations between employees and offices, but this does not mean a rupture
For SiiLA's CEO, we are going through a phase of change in relations between employees and offices, but this does not mean a rupture
By: SiiLA News
06/22/2023

Giancarlo Nicastro, CEO of SiiLA,  recently took part in an engaging conversation on the  Cedulla podcast, shedding light on the company's journey and the ever-evolving real estate market landscape. During the interview, he delved into various topics crucial to the sector, including market trends, technological advancements, and challenges faced by industry professionals. The podcast is proudly sponsored by Cedulla, a fintech organization offering innovative financial solutions for the real estate market.

Throughout the podcast, Giancarlo shared his extensive expertise and provided valuable insights into market dynamics, emphasizing the significance of accurate and up-to-date data for making strategic decisions. The enriching conversation offered listeners a deep understanding of the commercial real estate market and its promising prospects. From urban planning and mobility to essential metrics and  indices for evaluating real estate investments, the discussion encompassed offices, industrial properties, and malls.

In a captivating dialogue with  Natanael Duarte, a real estate broker and the podcast's host, Giancarlo also explored asset classifications and the defining factors that elevate a property to high-end status. Criteria such as  ceiling height power generators, sustainability features, and ESG-related aspects like certifications and water reuse were among the essential elements discussed.

We recently published a video explaining asset classifications in detail, featuring Bruno Turaça, Portfolio Director at Barzel Properties. The video was produced at Thera Corporate, a high-end office building located in the Berrini area of São Paulo's southern zone. You can watch the video here.

When discussing the future of the Latin American real estate market, Giancarlo remains optimistic. "When it comes to the office market, it has been proven that it will become hybrid. We face significant structural challenges in Latin America, such as limited access to quality internet and stringent labor laws, among other factors. Additionally, human beings need interaction. We are quite optimistic as there are still abundant opportunities and demand."

According to the SiiLA CEO, we are currently experiencing a phase of change in the relationship between employees and offices, but this does not imply a complete rupture. "Today, offices are redesigning their business models, incorporating aspects of home into the workspace to attract employees, such as the pet-friendly concept."

For more insights, check out Natanael Duarte's full interview with Giancarlo on the Cedulla podcast. Follow us on social media for additional information about the commercial real estate sector.
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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.

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