Brazil has an inspiring quarter and is boosted by deliveries of preleased properties in the state of São Paulo | Q2 2019

Brazil has the best 1st quarter from the last 4 years, being São Paulo responsible for 63% of the new leases.

August 05, 2019

The state of São Paul registered a volume of 467 K sqm in gross absorption. From this value, 31% result from presales. The largest of them corresponds to the 111 K sqm absorbed by Mercado Livre in GLP Cajamar II, which caused this to be the largest change in the quarter. Moreover, the absorption of 20 K sqm by Zaraplast in Condomínio Logístico de Guarulhos and 14 K sqm by Futura Tintas in BBP Espaço Gaia Jarin Terra was registered.

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