Join our mailing list for Real Estate News, Events, Insights & Resources.
Seven brand new logistics centres in seven months: the FedEx stock package in Brazil
- It reflected this somewhat optimistic context in the sharp fall in shares, whose price reached the lowest level in March 2020.
By: SiiLA News
02/22/2021 Accustomed to fulfilling different routes around the world with its express orders, FedEx had little prospect at the end of 2018 when what was at stake were delivering results, the ability to face the advance of rivals like Amazon, and its destination operation.
It reflected this somewhat optimistic context in the sharp fall in shares, whose price reached the lowest level in March 2020. However, since then, the company’s shares have been traded close to record levels. The reason? The pandemic and the boost of e-commerce.
FedEx has renewed its efforts and resources to keep up with the significant surge in online shopping. This strategy has also had an impact on its operations in Brazil, which has been the target of a new investment package over the past seven months, including the opening of seven logistics centers and the expansion of an existing facility.
"E-commerce is a long-term plan for the company in Brazil and worldwide", says Luiz Vasconcelos, Vice President of Operations and Chief Executive of FedEx in Brazil, in an interview with NeoFeed. "This growth was already planned, but in some of these projects, we had to accelerate the implementation".
Source: NeoFeed
ABOUT SiiLA
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.
Premium offices expand beyond São Paulo’s traditional hubs
05/20/2026São Paulo premium office leasing hits post-pandemic high as companies seek more dynamic spaces
05/19/2026Multifamily gains momentum in Brazil as more people live alone and prioritize everyday convenience
05/18/2026Toky Group Tries to Rebuild After Billion-Real Bankruptcy Protection Filing, Raising Concerns for Logistics FIIs
05/14/2026Carrefour Throws in the Towel to Cash-and-Carry in Brazil; Atacadão, Assaí and Grupo Mateus Expand
05/12/2026Investments
Record Growth: 7.9% Vacancy in Northeast Fails to Slow Logistics Expansion
7 Bridges Capital Sees Industrial Property Market as a Primary Investment Target
Market Trends
Real Estate Culture Sets Rio and São Paulo Apart: On the Coast, the View Matters; in São Paulo, Prestige Comes from Location
A 12% Vacancy Rate Marks Balance in Mature Real Estate Markets — Here’s Why
Trusted by Leading Publications
EXCLUSIVE CONTENT
