Brazilian market

With a territorial extension of 8,516,000 km², Brazil has a population of 214,562,845 inhabitants. E-commerce, the main growth highlight in recent years, mainly caused by restrictions due to the COVID-19 pandemic, grew 27% in 2021, totaling R$182.7 billion in sales.

The number of new consumers also increased by an average variation of 39% in the last 2 years. Based on NielsenIQ data, food and beverage categories stood out in e-commerce, with a 107% change in growth. 68% of Brazilians made purchases on foreign websites in 2021.

The Southeast region formed by São Paulo, Minas Gerais, Rio de Janeiro and Espírito Santo, contributed 58% to the growth of e-commerce in Brazil in the last year. The growth compared to 2020 was 21%. The South (18%) and Northeast (12%) regions appear as the second and third regions that most contributed to the movement of Brazilian electronic commerce.

Brazil currently has 679 logistics and industrial condominiums with a total stock of 28,321,778.78m². Construction activity in the country is 4,057,033.35m² and the national vacancy rate is 11.82%.

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Warehouses and Logistics Condominiums market in the state of São Paulo

In the last two years, the variation in the vacancy rate in São Paulo was 4.37%. In the first quarter of 2020, the average rate recorded was 18.10%. Since the fourth quarter of 2020, the market for warehouses and logistics and industrial condominiums has recorded the lowest vacancy rates ever.

With heated demand, construction activity jumped 37.43% since the first quarter of 2020. The total inventory increased by 14.77% in the same period, reaching 15,532,586.49m² in the first quarter of 2022.

In this way, properties with strategic locations and with a high standard of quality stand out in the market.