SiiLA's CEO, Giancarlo Nicastro, notes the transformation firsthand, saying, "Since our monitoring began in Brazil, we've witnessed a leap in the logistic property market. In the years 2021 and 2022, nearly 5 million square meters were delivered, a testament to the Brazilian market's swift adaptation to this asset class. This trend isn't just about real estate; it's about companies seizing these opportunities to streamline their logistic operations, ensuring they serve their growing consumer base more efficiently.”

Highlight Regions:

Scattered across Brazil, certain areas are emerging as focal points due to their significant concentration of logistic properties. Noteworthy among these are Cajamar (SP), Cabo de Santo Agostinho (PE), Nova Santa Rita (RS), Manaus (AM), and Brasília (DF).

Cajamar, a municipality near São Paulo, is especially noteworthy for its substantial total stock: over 2.6 million square meters, primarily occupied by the E-commerce sector. The region witnessed a decline in logistics complex vacancy rates, as reported here in REsource.

"Growth in industrial properties investments in the Cajamar region mirrors the expansion of the E-commerce sector and logistics as a whole in Brazil. Due to its strategically advantageous location, it attracts major tenants like Mercado Livre and Amazon, making it a pivotal hub to meet the demands of online commerce", explains Giancarlo Nicastro, CEO of SiiLA.

Meanwhile, Cabo de Santo Agostinho in Pernambuco has emerged as a standout with a stock of 843,000 square meters of assets and a low vacancy rate. In the far south, Nova Santa Rita houses an area volume of 174,500 square meters.

New industrial properties are being delivered:

The inventory of industrial properties has witnessed a wave of new deliveries in the most recent quarter. The Southeast region received a significant share, accounting for 82.5% of these fresh additions, which amounts to a substantial 9.6 million square meters.

Highlighting the new deliveries in the second quarter of 2023 are two high-standard (A+) assets located in the state of São Paulo: Castelo 57 Business Park and MBigucci Business Park Santo André. Read more about this topic in this article.

Introducing SiiLA ACADEMY – Logistics

With the aim of driving transformation in the commercial real estate market through education, SiiLA ACADEMY offers a comprehensive learning experience for industry professionals. The course features classes taught by prominent sector executives and is available in two modules: Offices and Logistics. Each module consists of 8 classes and a technical visit at the end. To learn more about the curriculum, click here to access the content in your preferred module. Registrations are open for September classes.