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Vacancy, Demand, and Competitiveness: A Closer Look at Berrini’s Office Landscape

  • Event hosted by Itacaré and promoted by SPOT Marketing 360 SiiLA solution brought together brokers to discuss market trends in Berrini
Bruno Lima de Castro, representing Itacaré Imóveis e Participações, speaks about the property during the event
Bruno Lima de Castro, representing Itacaré Imóveis e Participações, speaks about the property during the event
By: SiiLA News
07/04/2025

On Thursday morning, July 3rd, the Bolsa de Imóveis do Estado de São Paulo building hosted the event Berrini Office Market in Focus: Trends and Opportunities. Promoted by Itacaré Imóveis e Participações and organized by SPOT — SiiLA’s real estate marketing platform — the gathering brought together brokers and market professionals to analyze the current landscape of one of São Paulo’s most strategic office corridors.

Hilário Egidio, Head of Research at SiiLA, opened the event with a data-driven overview of the Berrini submarket. According to SiiLA’s latest figures, the region has shown a steady decline in vacancy rates since 2022. However, in the first quarter of 2025, a slight uptick of 0.36 percentage points was recorded — equivalent to roughly 1,000 square meters of newly vacant space.

Despite this small fluctuation, the long-term outlook remains positive. Egidio presented comparative data from other key office hubs such as Faria Lima and Chucri Zaidan, highlighting differences in pricing, occupancy trends, tenant profiles, and demand. He reinforced Berrini’s value proposition as a prime alternative for companies looking for quality infrastructure, strategic location, and more competitive costs compared to São Paulo’s top-tier markets.

The event also served as a platform for commercial networking and market intelligence. In addition to sharing data and insights, it enabled direct exchange among real estate professionals actively operating in the corporate segment. To close the morning, participants were invited to tour the available office spaces in the building, guided by the Itacaré team.

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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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