Class B office market sees increased demand for new spaces in São Paulo | 2H2022

Gross absorption volume increased by more than 50% compared to 2H2021.

March 23, 2023

While the high-end corporate market in São Paulo ended 2022 with the best performance since the beginning of the COVID-19 pandemic, the scenario for the class B office segment was also positive, with continued growth after the pandemic period and expectations of an increase of new business in 2023.

In the report, produced by JLL's Research and Strategy team, we address the main information and perspectives of the sector in São Paulo, with indicators and accumulated data, highlights and performance by region, in addition to the market situation of class B buildings from the main transactions for the second half of 2022.

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