The quarterly studies by Secovi-SP (Sindicato da Habitação) will also begin to monitor the corporate real estate sector.
For the first time in the entity’s history, the sector starts to monitor data from the office markets in the city of São Paulo and from logistics condominiums located within a radius of 120 km from the capital.
In addition to supply and demand, the information covers gross absorption, vacancy rate and variation in lease values.
The project is part of a series of initiatives that Secovi-SP’s economics and statistics department will launch this year.
The indicators of office leasing surveyed by the initial survey, which compares the first quarter of this year with the same period last year, point to an increase in gross absorption and a decrease in the supply of new inventories. However, there is an increase in the vacancy rate. For Secovi-SP, the onomicron and the war in Ukraine have influenced companies to postpone their plans for expansion and change.
According to Secovi-SP, office leasing prices follow an upward trend, with an increase above 4% in the first quarter of this year.
In logistics condominiums, the price of high-end rentals rose, driven by the decline in vacancy caused by investments by companies in sectors benefiting from the advance in e-commerce.
“The very low vacancy rates within a radius of 30 km from the city of São Paulo, such as Cajamar and Barueri, impacted the rise in prices”, says the study.
Joana Cunha with Andressa Motter and Paulo Ricardo Martins
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