Secovi Rio hosted an event titled "Real Estate Market Scenario" for industry professionals at Lead Américas Business in Rio de Janeiro on Thursday, 20th. The spotlight was on the Barra da Tijuca region, where attendees gained access to exclusive data related to residential and commercial real estate transactions, including buying, selling, renting, and new developments. 

Secovi Rio partnered with SiiLA to provide comprehensive data and statistics specifically pertaining to the second quarter of 2023 through Market Analytics. The study mapped a total of 60 office properties in the A+, A, and B classes, positioning Barra da Tijuca as a prestigious and vital financial, culinary, hotel, and entertainment hub in Rio de Janeiro. It holds the second-largest office space area in the city, trailing only the Downtown district. 

Barra da Tijuca boasts a substantial commercial tower stock of 398,165 square meters. Notably, the region has not seen any new office stock additions since 2018, and there are no upcoming developments planned for the near future. 

The region's occupancy rate has remained stable since the first quarter of 2022, hovering between 67% and 68%. Barra da Tijuca attracts a diverse range of tenants, including companies from the Telecommunications, Education, Construction, and Real Estate sectors. Key occupiers include prominent names like Tim, Elera Renováveis, and Senai. 

Among the monitored assets by SiiLA are the Centro Empresarial Mário Henrique Simonsen, a class A property consisting of three towers, and the class B Américas Corporate, among others. For those seeking commercial spaces in Barra, it's recommended to explore available options through SiiLA SPOT, including coworking spaces like WeWork Helios Seelinger 155. WeWork, a leading provider of shared workspaces, offers fully equipped coworking areas with meeting rooms and shared workstations. Schedule a visit to experience it firsthand! 

Complete information, including the vacancy rate for the second quarter of 2023 and the average price per square meter, will be featured in the Secovi Rio publication supplementing the event. Since 1942, Secovi Rio, or the Housing Union, has acted as an employer's union, representing condominiums, property management companies, real estate agencies, and developers in Rio de Janeiro. The organization represents over 32,000 condominiums and approximately 5,400 property management companies and real estate agencies. 

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