Commercial Real Estate - Brazil

  • Brazil
  • The Commercial Real Estate market market in Brazil is expected to reach a value of BRL US$1.67tn by 2024.
  • This projection indicates a steady growth rate of 1.28% annually from 2024 to 2029, resulting in a market volume of BRL US$1.78tn by the end of 2029.
  • In comparison to other countries, the United States is expected to generate the highest value in the Real Estate market, with an estimated worth of US$25,280.0bn in 2024.
  • Brazil's commercial real estate market is experiencing a surge in demand due to increased foreign investment and government incentives.

Key regions: Europe, France, Japan, Brazil, Asia

 
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Analyst Opinion

The Commercial Real Estate market in Brazil has been experiencing significant development and growth in recent years. Customer preferences in the market have shifted towards modern and well-equipped office spaces, as businesses seek to provide a comfortable and efficient working environment for their employees. Additionally, there is a growing demand for retail spaces in prime locations, as consumer spending continues to rise in Brazil. Trends in the market indicate a strong focus on sustainability and energy efficiency. Developers and investors are increasingly incorporating green building practices into their projects, in response to both customer demand and government regulations. This includes the use of renewable energy sources, efficient insulation, and water-saving technologies. Local special circumstances in Brazil have also contributed to the development of the Commercial Real Estate market. The country's growing economy and stable political environment have attracted both domestic and international investors. Additionally, Brazil's large population and expanding middle class have created a strong consumer market, driving demand for commercial spaces. Underlying macroeconomic factors have played a significant role in the growth of the Commercial Real Estate market in Brazil. The country's stable economic growth and low interest rates have made it an attractive destination for investment. Furthermore, the government has implemented policies and incentives to encourage real estate development, such as tax breaks and streamlined approval processes. In conclusion, the Commercial Real Estate market in Brazil is developing rapidly due to changing customer preferences, local special circumstances, and underlying macroeconomic factors. The market is witnessing a shift towards modern and sustainable office spaces, driven by increased demand from businesses and consumers. Brazil's stable economy, growing middle class, and government support for real estate development have also contributed to the market's growth.

Methodology

Data coverage:

Figures are based on value of commercial real estate.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach. As a basis for evaluating this market, we use national statistical offices. Next, we use relevant key market indicators and data from country-specific associations such as share of industry, manufacturing, and services of the GPD, price level index, GDP. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the market, for example, exponential trend smoothing.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.

Overview

  • Value
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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